Finance Center in Manchester, NH
Financing and Leasing at Merrimack Street Volvo Cars in Manchester, NH
If you are looking for your next luxury vehicle in Bedford, NH, then visit Merrimack Street Volvo Cars. We carry a robust selection of new and pre-owned Volvo vehicles, one of which might be ideal for you in Derry. Once you pick your ideal car, SUV, or wagon, our finance center is ready to help you set up a payment plan that fits your budget and lifestyle. Here is what you can expect when you shop for a new or used vehicle at our dealership.
Financing and
Leasing
When it's time to pay for your next vehicle to drive in Londonderry, NH, the team at our finance center will explain your financing and leasing options to you. Here is how financing and leasing differ:
- Financing is a payment option for new and used vehicles. To finance a vehicle, you take out an auto loan, allowing you to pay for a vehicle right away. You then pay off the loan over time with interest added. Once you finish paying off the loan, ownership of the vehicle transfers to you.
- Leasing is a payment option for new vehicles. To lease a vehicle, you make monthly payments to our dealership for a set period (usually 36 months, though 24 months and 48 months are often options), during which time you can drive your new Volvo vehicle of choice. When the lease ends, you can return the vehicle to Merrimack Street Volvo Cars, trade it in for a new model to lease, or purchase the vehicle.
Is Financing or Leasing a New Volvo
the Better Option for Me?
To choose between financing or leasing a new Volvo vehicle in Merrimack, consider what you want most out of a new vehicle. Are you looking for a vehicle you know you will want to drive for many years? If so, financing is the most direct route to owning that vehicle and allows you to build equity in the vehicle as you pay off the loan. Other advantages of financing include:
- You don't need to worry about mileage limits
- You can resell or trade your vehicle at any time
- Paying off your loan builds equity in the vehicle and improves your credit
Leasing is the preferred choice for customers who want to drive a new Volvo without taking out a loan. Plenty of customers prefer the flexibility leasing provides, with the option to drive a brand-new vehicle every few years. Leasing also provides the option to purchase the vehicle if you end up loving it and want to keep it. Because your lease payments only cover the vehicle's depreciation during the leasing period, they are usually lower than loan repayments would be for the same model. Advantages of leasing include:
- Reduced maintenance costs
- You can enjoy driving a new vehicle every two or three years
- Lower down payments at signing
Online Shopping Tools
To start your shopping process with Merrimack Street Volvo Cars, we encourage you to visit our website. You can browse our complete selection of new Volvo vehicles, and pre-owned models from a wide variety of brands. Our secure loan application form makes it easy to get pre-approved for an auto loan, saving considerable time at our dealership. You can also value your trade on our website and get a fast and accurate offer for your current vehicle, allowing you to save money on your new or pre-owned Volvo vehicle.
Learn More About Leasing and Financing at Merrimack Street Volvo Cars
Are you ready to discover your financing and leasing options at Merrimack Street Volvo Cars? To learn more about how our finance center team can help you, or to schedule a test drive, contact us today.
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Merrimack Street Volvo Cars
56 Merrimack Street
Manchester, NH 03101
- Sales: 603-623-8015