New VWs. Buy or lease?
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- unknown
Just wanted to ask what you think about new college discounts from VW, leasing and buying with much lower prices.
Do you think that peple should go for it? Let me remind you:
No downpayment, for lease, no payments for 1st month and much lower prices. You can check it out on vw.com.Tell me what you think. Oh and ever popular question, should a person lease or buy?
Cheers.
- ok_jason0
Buy!!!
me and my girl are wrapping up 42months of $330 payments with nothing to show. For the price of a lease you could buy your car and sell it after 42 months and make money. Leases are evil...or silly I am living proof.
- shant0
I was just at the VW dealership tonight looking at GTI's. The lease sounded like a good deal, but I've never done either before so I'm curious to see what others have to say.
- CyBrainX0
Do the math. Leasing is the most expensive way to have a car. That's why every one has a leasing deal and why they all want you to do it that way. If you really want to save money, buy used. Cars depreciate. They're cool, but not worth it. Save yourself thousands of dollars.
- fusion410
I would say buy. Buying is more expensive per month but at least you end up owning it. You can then recoup some of the costs if you sell it. Leasing you end up with nothing.
Used is always a good option, you just have to be really careful about what your buying.
P.S. I may have a 98 Jetta Wolfsburg up for sale in the next little while, if you live in the toronto area ;)
- kerus0
leasing is stupid.
straight up.
- familiar0
leasing is neither stupid nor great. it all depends on your personal situation. if you can afford the payments on a buy, do it. if not, lease, and when it's up maybe your finances will be better. People say ohh l leaseed and have nothing to show for it.. yes you do! you've had a new car under warranty for 3 or 4 years! having owned a few used cars and one new one, I would never buy another used car again. just my humble opinion.
- A020
Buy. It will cost you more, but you have the benfit of knowing that you own the vehicle after the term is up. If you lease it and then buy at the end of the lease term - you'll be paying thousands more than if you had simply financed it.
Of course, if you don't have a solid credit history, you could use the lease option as a way of building it if you were real desperate, but you should only lease for 2 years at that point and understand that you need to let it go at the end of the term. You're still better off finding a co-signer and financing it.
My GF just financed a new Golf last month with sunroof, alloys, monsoon, etc, etc... and pays only $280 a month... and after 5 years - it's hers.