You Have Options When It Comes to Driving Off in Your New Volvo From Crest Volvo Cars
When it is time to get your new Volvo, Crest Volvo Cars in Plano wants you to be aware of your options. Not only are there many great luxury sedans and SUV models to choose from, but you will also find that we are flexible in terms of how you pay for it. The key is to know the details of each program and then to decide which one works best for you and your financial situation. For some, financing a new Volvo may be the way to go. There are many great loan options available today that you can take advantage of. For others, leasing continues to be an appealing prospect that offers quite a few benefits as well.
You Can Finance Your New Volvo
If you envision yourself as being the sole owner of a luxury Volvo, then you can always take out a loan and finance the purchase. Our team at Crest Volvo Cars near Richardson, TX, has established a working relationship with many local banks that can provide vehicle financing. It begins with you filling out an application. When you go to finance a Volvo purchase, you will typically be ready with a down payment. From there, you will be offered an interest rate based on your credit rating.
Beyond that, loans come in a variety of lengths. You can choose to pay off your Volvo in as little as 24 months, while you can often extend that out as far out as 72 months. Once you sign the paperwork, you drive off in your new car or SUV. At that point, you just make the monthly payments for the duration of the loan. At the end of the loan, the title will be transferred to your name. You can often determine your budget and then choose the length of the loan based on that. The longer the term, the lower your monthly payment will end up being.
Leasing a Volvo is Also a Possibility
You will also want to check out the possibility of leasing a new Volvo. Crest Volvo Cars has many special offers in this regard. Leasing is a popular option if you enjoy having a new car every few years and do not want to have to worry about selling your existing vehicle to make that a reality. With a lease, you will be asked to pay a deposit. The monthly payments are set for the duration of the contract, which is typically around three years. From the day you sign the contract, you will be able to start driving your new Volvo around Allen, TX.
With a lease, you do not own the car. While the dealership will be the owner, you are free to drive it around [geo] and beyond as you wish. There will be a mileage limit that you need to adhere to. This is so the value of the vehicle is protected to the point that it can be sold when you turn it back in. If you do go over the number of miles allowed, you will just be asked to pay a per-mile penalty. When the lease is over, you just turn the vehicle back in. The reason that many people prefer a lease is that they then turn around and get another new Volvo once the first contract is fulfilled. If you decide that you want to keep the vehicle, you will just need to pay the residual value stated in the contract, and it will be yours.
Visit Crest Volvo Cars in Plano to Lear More
From these two core options, you can begin to make your decision about how best to pay for your new Volvo. Start by considering your budget and your transportation needs around Dallas. There are benefits to both financing and leasing, so it really comes down to a personal decision. You can always contact our team at Crest Volvo Cars if you have any questions about the process. We are here to help you drive off in your new Volvo today. We look forward to working with you soon!
