Lease or Buy?
Make the Right Choice According to Your Needs
Leasing or financing is an important decision you’ll have to make when purchasing a new vehicle. At Volvo Cars Lakeridge, we try to take the guesswork out of choosing the right plan for your purchase. We will give you the information you need to better understand each alternative then help you find the perfect plan. In the meantime, here’s an overview of each solution.
Advantages of Financing
- No restrictions on mileage
- The car belongs to you and its maintenance is an investment
- It is possible to modify the car as you please
- More affordable in the long run
- The best option if you want to keep your vehicle for a long time
Advantages of Leasing
- More affordable monthly payments
- Possibility of easy vehicle change every two or three years
- No depreciation
- More advantageous if you use your vehicle for work
