If you're getting ready to lease a new car, you might have some questions about how it all works. Here at Fields Volvo Cars Northfield, our financing and new Volvo vehicle experts are ready to tell you all about leasing and why it could be the best arrangement for you. So if you're shopping for a car in Chicago and you're wondering “Where can I find a reliable Volvo dealer near me?”, our dealership is the answer.
How Leasing Works
When you lease a car, you don't actually own it. This arrangement comes with some advantages and a few things that you might consider disadvantages, depending on your driving preferences and needs.
One of the best things about leasing is that it is generally less expensive than financing. Compare a monthly lease payment to a monthly loan payment for similar cars and you'll usually find that the lease payment is lower. This makes leasing a great way to get more bang for your buck and experience something a bit more luxurious. Many of your maintenance costs can also be covered under a lease agreement.
A potential drawback of leasing is the mileage limitation. Leases often limit how much you can drive each year. Go over a limit, usually around 12,000 miles, and you'll end up paying extra fees at the end of your lease.
Speaking of the end of a lease, you have a few options once your lease agreement terminates. Many people choose to turn in their vehicle and lease a new Volvo car. This can be a great way to experience the newest in-car tech and performance upgrades. You can also decide to buy the Volvo car you've been driving. This kind of flexibility is one thing that many drivers love about leasing.
Lease a New Volvo Car Today
So, if you're ready to sign a new Volvo lease of your own, visit our Volvo dealers in Northfield. We'll make it easy to find a lease agreement that works for you and your budget.