A lease is a legal contract between two or more parties. Think about an apartment lease, a car lease is much the same idea. You don't buy the apartment, you just pay rent for the time you live there, and maybe a safety deposit. With a car lease, you don’t buy the car, but pay for the portion of it you use. That portion is generally measured in miles or time. So, for example, it could be 2 years or 20,000 miles, whichever comes first. The terms of the agreement, like cost, time and mileage are spelled out in the lease agreement.
There are several advantages to leasing. Here are 3 of the most popular. The first is more for your money. Sounds pretty good doesn’t it? When you lease a car there may be no down payment or a lower down payment so more of your money can go directly to the cost of the lease. This means you may have an opportunity to drive a model that otherwise might have been out of your price range.
When you buy a car, you generally own that car for a long time. When you lease a Volkswagen you get to try it out for a limited amount of time and then trade it in. Or you may have the option to buy it at the end of the lease. Leasing can work well as you move through life’s stages. Maybe you started out with a Golf and as your family, or pets, or hobbies, grew in size you found you needed a Golf Sportwagen. Or maybe you started out with the Sportwagen but in this new life stage the 2016 Denim Beetle Convertible is calling your name.
Finally, at Woodland Hills Volkswagen we make it easy to lease. We will work with you to find the right vehicle and a leasing agreement that works with your situation. Once the lease term is over, we also have a no-hassle return process. You are always welcome to return your vehicle to Woodland Hills Volkswagen no matter where it was initially delivered. We like to call ourselves the Lease Return Headquarters and we have an easy 3 step process for all returns.