Volkswagen’s lineup offers everything from stylish small SUVs and a fully-electrified crossover to handsome sedans to spirited hatchbacks, etc. Before you think of turning in your leased car at the end of the lease duration, explore the possibility of buying or financing your Volkswagen lease, as the car is worth more than you imagined in today’s used car market.
This article walks you through lease buyout or payoff prices and the benefits of upgrading your Volkswagen lease to financing.
Lease Buyout Amount, Payoff Price, And Car Finance
Your Volkswagen’s buyout price is the amount you pay to retain the car when the lease expires. This price was predetermined from the onset, and it’s usually lower than the vehicle’s current market value due to the heightened demand for used cars. If you are looking to buy out your lease right away, you will be paying the vehicle’s payoff price, which includes the buyout amount plus part of your remaining monthly payment.
Just like when buying a new car, you can pay cash or opt for financing if you cannot afford to pay the buyout price all at once. We work with top car loan financing companies to provide low-interest loans and the industry’s best financing terms.
If none of these options resonates with you, you can always opt for a new car lease when your current lease expires.
Advantages Of Buying out Your Leased Volkswagen
Here are a few reasons why you should consider buying out your Volkswagen lease or opting for financing.
- You Buy A Car You Love And Trust
Unlike other used car buyers, you don’t have any reason to panic because you know the car’s entire history. If you maintained the car meticulously throughout your lease duration, then there’s no better deal than buying it.
- Save Thousands, Make Profits
When buying out your lease, not only are you buying a car you know very well, but you are also buying it at a price significantly lower than its current market value. This is because your lease’s buyout price was pre-established at the outset of the lease, and with the skyrocketing costs of used cars, your Volkswagen is obviously worth more than its buyout price. The profits are all yours to keep if you decide to resell the vehicle.
- No Extra Charges
If you’ve put more miles on your Volkswagen than your lease contract permits, or you’ve ruined the car’s bodywork mistakenly, purchasing the car is a great way to avoid charges that could pop up when you return your leased car to the dealership.
VIP Auto offers exclusive buyout, financing & refinancing programs for all Volkswagen models. Don’t miss out on this excellent opportunity to get cash back on your hard-earned money.
Contact us now at VIP Auto Lease, 1204 Hylan Blvd, Staten Island, NY 10305. 718-477-7888 https://viplease.com/
