Some Benefits of Leasing

If you'd like to drive a new VW Taos and you want to reduce the amount you pay each month, a lease is one way to do that. Monthly Taos lease payments are typically less than loan payments would be for the same Volkswagen Taos. In addition, the amount of money required as a down payment - the "amount due at signing" - is typically less than with a loan. A lease allows a Portsmouth RI lessee to bring the Taos back to us at lease-end and buy or lease another new Volkswagen.

How long does a VW Taos lease usually last?

The most common length of a Volkswagen lease is 36 months. At the end of your lease contract, you will bring the Taos back to our dealership, cover the cost of any excess miles or damage, and then you have several options. Leasing customers from Westport, MA can sign up for a new lease and drive home in another new Volkswagen. You can also buy the VW Taos you've been leasing or you can stop leasing altogether and buy a new VW or an affordable used vehicle.

What kinds of situations might be right for leasing a VW Taos?

If cash flow is a high priority and you want to lower your monthly payments, leasing a new VW Taos is one way to accomplish that. If you like driving a brand-new VW every few years, while getting all the latest features, leasing can let you do that as well. If you like the idea of dropping off your Taos with us at the end of the lease contract and leasing a new one, without having to worry about selling the old vehicle, that's another advantage leasing offers.

How is leasing a Taos different from getting a car loan?

When a Tiverton, RI customer leases a VW Taos, it's just like renting. You don't build up any cash value like you would with a car loan and you have to return the Taos to us at the end of the lease. A car loan lets you create cash value every time you make a monthly payment and you can pay off the loan, which lets you eliminate car payments. With the lease, you won't have any cash value that you can use to buy your next bvehicle ut you don't have to think about selling your Taos because you won't own it.

How is a car lease calculated?

Your Taos lease payment is calculated based on several factors including the initial price of the car minus any down payment or projected trade-in value. In other words, the formula takes into account the estimated value of the Taos at the end of the lease along with depreciation. Other components that affect your Taos lease payment include the state tax along with the local tax rate and the length of the lease.

What are some specific benefits of leasing a new VW Taos?

When you lease a Taos, it will be equipped with a turbocharged 1.5-liter four-cylinder engine with fuel economy that's rated at up to 36 MPG on the highway. So while a lease doesn't let you build cash value, leasing a Taos can save you money on fuel. What's more, the new VW Taos has one of the largest cargo areas in its class, with front-wheel drive models providing up to 65.9 cubic feet when the back row is folded down. Make the quick drive on I-95 E from Swansea, MA and learn more about the pros and cons of leasing a new Taos at Volkswagen Fall River in Fall River, MA.