Lease or Loan? Getting a New Volvo the Easy Way at Lehman Volvo Cars of Mechanicsburg

Are you in the market for a new car and are considering a luxury car but now sure if you can swing it financially? Many drivers who enjoy driving a luxury vehicle find that Volvo has a lot to offer. Drivers in Lemoyne, PA, also have the option of buying or leasing their new Volvo vehicle. You'll be amazed at the deals you'll find, whether you're leasing or taking out a loan. Stop at Lehman Volvo Cars of Mechanicsburg to talk to our professionals and check out our inventory of Volvo vehicles.

Leasing a Volvo

Pros

The pros of leasing a Volvo include:

  • Service and maintenance fees are covered under warranty.
  • Your monthly payment is lower with leasing.
  • You can drive a new Volvo every couple of years and enjoy the latest technology and new features.
  • At the end of the lease agreement, you can choose to turn the Volvo back in or buy it.
  • You’ll be able to afford a high-quality vehicle than if you’d buy a Volvo.

Cons

The cons to leasing a Volvo include:

  • If you continue to lease a vehicle, you’ll always be making monthly payments.
  • You’ll have to pay maintenance costs if the vehicle isn’t well taken care of or if there is excessive wear and tear.
  • You’ll have to pay additional fees if you exceed the number of miles on the lease agreement.
  • You won’t be able to customize a leased vehicle like you can if you own it yourself.

Buying a Volvo

Pros

The benefits of buying a Volvo near Harrisburg, PA include:

  • Once your payments are done, the vehicle is yours to do with as you please.
  • You control the maintenance schedule and can still get a warranty like a lease.
  • There is no mileage limit and you can customize as you like.
  • You'll still be driving a new Volvo, just for many more years.

Cons

The downsides of buying a Volvo include:

  • The monthly payments are more expensive because you're paying the full vehicle price.
  • You won't always be driving the newest Volvo on the roads of Mechanicsburg.
  • You are responsible for the cost of most maintenance.
  • It is harder to trade in or sell your vehicle due to depreciation.

New Volvo Inventory

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Flexible Financing

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Frequently Asked Questions About Leasing and Financing

Q. If I lease a vehicle, am I limited to only a few models?

A. No, Volvo offers a variety of different types and models. Once you're pre-qualified, you can lease almost any Volvo you want.

Q. Is leasing a Volvo tax-deductible?

A. In most situations, leasing a Volvo is tax-deductible, especially for businesses, but you might want to check with an accountant to be sure.

Q. Which is more expensive, leasing or buying a Volvo?

A. Leasing is usually less expensive because you're only paying for the first couple of years of the vehicle's life. Purchasing may be less expensive over time than getting a new lease agreement every few years.

Q. Am I limited with the number of miles I can put on the vehicle?

A. Lease agreements usually specify how many miles you can put on your new Volvo, but the amounts are typically based on the term of the lease agreement. You may also be able to "buy" additional miles. Purchasing saves you from this worry.

Q. How much money do I have to pay upfront?

A. The amount you'll have to pay upfront depends on the type of deal you may be offered at the time of signing at our dealership near Camp Hill, PA.

Visit Lehman Volvo Cars of Mechanicsburg to Learn More

Our team wants to help you become the owner of the Volvo of your choice. We specialize in helping our customers get their dream car and do it as simply and conveniently as possible. We can assist you with financing. We work with several banks and lending institutions and will do our best to get you the very best deal. Once we get an estimated credit score, we can get the pre-qualification process out of the way. Contact us or visit us at our Mechanicsburg dealership to get the ball rolling. We look forward to working with you soon!

Get in Touch With Us

  • Contact Our Sales Department: (717) 691-8400
  • Monday09:00 AM - 08:00 PM
  • Tuesday09:00 AM - 08:00 PM
  • Wednesday09:00 AM - 08:00 PM
  • Thursday09:00 AM - 08:00 PM
  • Friday09:00 AM - 08:00 PM
  • Saturday09:00 AM - 5:00 PM
  • SundayClosed
  1. Lehman Volvo Cars of Mechanicsburg

    6281 Carlisle Pike
    Mechanicsburg, PA 17050-2306

    • Sales: (717) 691-8400
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