Lease vs. Finance

Not sure which option is right for you? Watch the video below to learn more about leasing vs. financing.

Still trying to decide which financial plan works best for you? Check out our quick guide for the pros and cons of financing, leasing and our VW Select option. For more information, visit your nearest Volkswagen dealer and talk to one of our experienced Business Managers.

Financing

You can borrow the full purchase price of the vehicle plus extras such as Protection Plans, accessories and fees. Taxes are calculated on the full purchase price of the vehicle.

VW Select

You can borrow the full purchase price of the vehicle plus extras such as Protection Plans, accessories and fees. Taxes are calculated on the full purchase price of the vehicle.

Leasing

You will pay monthly installments based on an amount pro-rated to the term and kilometre option of your choice; plus any extras such as Protection Plans, accessories and fees. Taxes are calculated on the monthly payment, not on the full price of the vehicle.

Financing

You are the registered owner of the vehicle while you pay your monthly installments. When you complete your final installment you will have full ownership.

VW Select

You are the registered owner of the vehicle while you pay your monthly installments. When you complete your final installment along with the lump-sum VW Select payment you will have full ownership.

Leasing

You do not own the vehicle while you pay your monthly installments. When you complete your final installment, you will have the option of buying your Volkswagen for a predetermined price, or returning it.

Financing

You pay off the value of the contract, over a fixed term, with equal monthly or biweekly installments. You can reduce your installment amount by making a down-payment at the time of purchase. Your first payment is due 30-days from the day you take delivery.

VW Select

You pay down the value of the contract, over a fixed term, with equal monthly or biweekly installments. On the due date of your final installment a pre-determined amount (end-value) becomes due to satisfy the contract. You can reduce your installment amount by making a down-payment at the time of purchase. Your first payment is due 30-days from the day you take delivery.

Leasing

Similar to renting a home, you pay a monthly installment for exclusive use of the vehicle over a fixed term, with an option to purchase the vehicle for a predetermined amount (residual value) at the end of the term. You can reduce your installment amount by making a down-payment at the time of purchase. Your first payment is due on the day you take delivery.

Financing

You can customize the term, repayment structure and more to suit your personal situation.

VW Select

You can customize the term, repayment structure and more to suit your personal situation.

Leasing

You can customize the term, kilometre allowance, and more to suit your personal situation.

Financing

At any time during, or at the end of the fixed term, you can explore upgrading to a new Volkswagen with your Dealer. There is no penalty for paying out your loan early.

VW Select

At any time during, or at the end of the fixed term, you can explore upgrading to a new Volkswagen with your Dealer. There is no penalty for paying out your loan early.

Leasing

At any time during, or at the end of the fixed term, you can explore upgrading to a new Volkswagen with your Dealer. There is no penalty for paying out your lease early.

Financing

  • Mechanical Breakdown Protection
  • Vehicle Loss Privilege Program
  • Appearance Protection
  • Loan Protection
  • Anti-Theft

VW Select

  • Mechanical Breakdown Protection
  • Vehicle Loss Privilege Program
  • Appearance Protection
  • Loan Protection
  • Anti-Theft

Leasing

  • Lease Excess Wear Waiver
  • Mechanical Breakdown Protection
  • Vehicle Loss Privilege Program
  • Appearance Protection
  • Loan Protection
  • Anti-Theft