To Lease or Buy?
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Buying a new Volvo means that you will have plenty of financing options at your disposal. Once you’ve chosen whether to purchase or lease your vehicle, you’ll then be faced with a wide range of terms and other decisions to make. At Volvo of Toronto, we are here to help you make those difficult decisions. Let our team of financing experts guide you to the financing or leasing solution that is right for you.
There’s no doubt that a lot goes into deciding between financing and leasing. Each option has its advantages and disadvantages, and the only way to know which option is right for you is to analyze your needs and make sure you speak with experts who provide the information you need to make the right choice.
Factors such as how long you plan on keeping your vehicle, how many kilometres you will be driving, and how you will be using your Volvo all play an important role in choosing between leasing and financing. At Volvo of Toronto, we will help you make that decision.
In the meantime, take a look at this quick comparison of each option. If you have any questions, please contact us today.
Advantages of Financing
- No restrictions on mileage
- The car belongs to us and its maintenance is therefore an investment
- It is possible to modify the car as we please
- More affordable in the long run
- The best option if we want to keep our vehicle for a long time
Advantages of Leasing
- More affordable monthly payments
- The possibility of easy vehicle change every two or three years
- No depreciation
- More advantageous if we use our vehicle for work
For more information, please contact us today at Volvo of Toronto!