If you are one of the few that can pay cash when you buy a new car then leasing has lost one of its benefits which is lower monthly payments. Not everyone is a good candidate for leasing; there are certain factors that must be taken into account before the decision to lease is made.
The number of miles you would normally drive:
When you lease a car there will be a cap on the number of miles that can be driven annually without suffering a penalty, in many cases this is 12 thousand miles. If your situation is such that you know you are going drive more than that then you will be billed at a certain rate per mile. Have a good hard look at your driving habits; if you can reasonably predict that you will not exceed the mileage cap then Volvo leases in Schaumburg can be very appealing.
Do you look after a car?
Off lease cars are those that end up as certified pre-owned cars, the dealer wants the car returned in excellent condition so that it can be sold on at the best possible price. If you are fastidious, even though the car is not yours, then you can expect to return it at the end of the lease period with minimal charges for touch up.
Upfront costs:
This is the big appeal of Volvo leases in Schaumburg, lower monthly payments over purchasing the same car. Although there may be an acquisition fee when a car is leased, it will be considerably less than the down payment needed to buy it.
The happiness factor:
When you lease a car you will not have to keep it for the same amount of time if you had of bought it, you can actually get out of a lease but of course there are costs and considerations.
When you lease a car your monthly payment are lower and you keep the car for less time. On the flip side, you are limited as to the number of miles you can drive before incurring extra costs.
Volvo leases in Schaumburg start as low as $329 per month for 36 months. To discuss leasing any car from the Volvo range you are invited to visit McGrath Volvo Cars Barrington.
