
Once you compare new SUVs for sale and decide on one of our Volvo XC60 lease deals, you'll want to apply for Volvo auto finance specials. Our convenient Volvo finance application makes it easy to apply for custom finance offers and lease deals. Our Volvo finance department is here to help if you have any questions about how to save on your next Volvo auto loan.
Volvo New Car Financing vs. Leasing
After you test-drive a vehicle that's featured in one of our new vehicle specials in Houston, TX, you might want to know more about the pros and cons of buying vs. leasing. Our Volvo auto finance department team is here to answer any questions you have about the right way for you to get a car.
Before you come in, think about a couple of our questions. How many miles do you typically drive every year? How long do you plan to own your next car? Do you like having the latest features and safety systems?
These are important factors in deciding between our Volvo XC90 lease specials and finance deals. If you drive more than the annual mileage allowance on a Volvo lease, then financing is better.
If you like having a new car every few years and enjoy the latest tech, leasing is a better option. Leasing also allows you to change your vehicle every three years as your needs and preferences change. Maybe you want a compact Volvo XC40 now but will need something with three rows of seating soon, and a Volvo XC90 will fit the bill.
Volvo Financing Services Near Pasadena, TX
Whether you're a first-time car buyer or you're a seasoned veteran, our finance team is here to help you secure the lease deals and Volvo pre-owned specials near Clear Lake, TX, that you deserve.
Many of our customers are looking for ways to lower their car loans and are surprised to learn that putting down a bigger down payment will create lower monthly payments. When you make a more significant down payment, you reduce the amount you're borrowing to pay for the car, which results in lower monthly car payments and saves you money on interest.
Benefits of Leasing
Our customers frequently discover that they can often get into a more expensive car when they lease than when they finance. One of the main differences between buying and leasing is the amount you need to borrow.
When you finance a car, you're borrowing enough money to pay for the full amount of the car. This is typically the amount remaining after your down payment and trade-in value are subtracted from the total.
When you lease a car, you're borrowing the depreciation of the vehicle. Over a three-year lease, the depreciation is generally 50% of the car's value. Since you're only borrowing roughly half the price of the car, plus taxes and fees, the amount is typically less than a finance contract.
Talk to our team about current lease specials if you're currently deciding between leasing and financing and want to step up to a higher trim model with premium features.
End Your Lease at Bayway Volvo Cars
When your lease term ends, you might be wondering what to do with your car at the end of your lease. If so, bring your vehicle to our lease turn-in center. If you need to get out of your lease or end your lease early, contact our finance department to hear about your options.