Lease vs Financing

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If you are in the market for a brand new vehicle, you have many factors to consider when choosing the perfect car. One of those is financing. Should you lease or buy? When comparing leasing vs. buying, you need to determine which is best for your driving needs and budget. Volkswagen of Des Moines weighs the benefits that come along with financing and leasing to help you make a more informed decision. Should I buy or lease? Let’s look at the facts.

Benefits of Buying


  • No Mileage Restrictions: If you plan to do a lot of driving around West Des Moines, buying can be your best option. Unlike with leasing where you have mileage limits, you can drive as much as you want when you purchase your new car.
  • Customization: if you want to make your vehicle truly your own, you will need to buy your car. When you lease, you are not able to customize your car as you see fit. When you buy a car, you can make any modifications you want.
  • Ability to Sell: Since you’re not locked into a lease agreement, you are free to sell your vehicle at any time.
  • Financing Options: The financing process is usually hassle-free. When buying, you can also refinance your loan to lower your interest rate and monthly payments.
  • Less Cost Over Time: Though buying a new car is more expensive at the beginning, your car becomes more affordable the longer you own it.


Benefits of Leasing


  • Lower Payments: Your monthly payments and your down payment is less if you decide to lease your next car.
  • Less Sales Tax: In most states, leasing a vehicle drastically lowers sales tax. In some areas, you only have to pay tax on the amount you put forth in the down payment and for the monthly payments.
  • Trade-Ins: You don’t have to worry about the hassle of selling your vehicle when you want something new. Simply bring the vehicle back to the dealership and drive home in a new car of your choice.
  • Great Coverage: As long as you stay within the mileage limits, you don’t have to worry about out-of-pocket expenses for covered components.
  • Options: Leasing allows you to stay in the newest models with the most up-to-date tech because you only keep your leased vehicle for a few years.
  • High Approval Rate: While you may be denied for a car loan, it is more likely that you will be approved if you decide to lease.


Learn About Leasing and Financing with Volkswagen of Des Moines

Lease vs. buying: Which is right for you? One may be better for your driving needs and budget. If you still have questions about which financing method is most beneficial for you, do not hesitate to contact us. You can also prequalify for credit to expedite the financing process and learn about the outstanding VW warranty coverage options.

Volkswagen of Des Moines 41.655244, -93.6988054.