At Fitzgerald Volkswagen Annapolis, we have several Volkswagen models in stock. If you'd like to drive home to Washington DC in one but don't want to pay cash, we offer financing and leasing options for you.
Deciding whether financing or leasing is best for you is easier when you know the differences and benefits. You are always invited to test drive any Volkswagen car at our dealership near Pasadena, Maryland.
Leasing
When you lease a Volkswagen car, you pay us a monthly fee for temporary use of the vehicle. Many leasing contracts run from 12 to 60 months, but we may be able to offer different terms. Lease payments are commonly calculated according to credit score, acquisition charges, taxes, expected depreciation, and upfront costs.
Leasing may be ideal for you if you work locally around Baltimore or don't travel outside of Laurel, Maryland, often. Leasing enables you to try a different Volkswagen car every few years at a lower cost than purchasing a new one. You aren't under a commitment to buy, and you may trade it for a new model once your leasing term is up.
Financing
Financing is applying to borrow a lump sum and paying it back over a period. Financing payment periods are commonly based on 12-month increments, with the common term running from 24 to 84 months. Factors commonly influencing payment include vehicle make, model year, interest, taxes, and required insurance during the loan term.
Since you fully own the vehicle, you aren't under mileage restrictions and can customize it any way you want. You may sell it or trade it in for a new model at the end of the loan term, and sometimes even if you still owe money. When you finance, you build equity in the vehicle, which is the difference between the model value and what you owe.
Apply Online
Our secure and simple application makes it easy for our customers to apply online. We also have a useful prequalifying tool to help determine how much you could borrow. Feel free to get started today! Contact our team over the phone or online to arrange your financing appointment or if you have questions. We look forward to seeing you at Fitzgerald Volkswagen Annapolis soon.