New VWs. Buy or lease?
New VWs. Buy or lease?
Out of context: Reply #7
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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.