Nov 13, 2023

The hardest part of finding the perfect Volkswagen is choosing just one model from our must-have lineup. Our team is here to help you find the right new ride – and to ensure price never stands between you and your dream car. 

Here at Mike Reichenbach Volkswagen, we understand that a new vehicle is a major investment. Cost is one major consideration in your car search, with MSRP often dictating which purchase is possible.

For shoppers on a budget, financing a car may be the solution. But there is likely some uncertainty surrounding the process. What’s the difference between leasing and buying? What about buying pre-owned? What will my monthly payments look like?

Our finance professionals can help, guiding you from start to sold! That’s because we hold transparency and simplicity in high regard, especially when it comes to finances. Keep reading to learn more about financing, then stop by our Volkswagen dealership in Florence, SC today! 

What Does Volkswagen Financing Mean? 

Once you reach the financing phase, your car-buying journey is almost complete. There’s just one last thing to sort out: how to pay for your new Volkswagen. Financing is a popular option, one that involves buying the vehicle using money borrowed from your Volkswagen dealer.  

Some buyers finance the vehicle in full, meaning that the entire amount is borrowed from the lender. Others make a down payment upfront, then pay off the remaining balance over time. 

The car loan is divided into monthly installments, plus interest, that are paid over a predetermined amount of time. 

Benefits of Financing a Car at Your Local VW Dealership

Financing through your Volkswagen dealer is a wise choice for many car buyers. Our team at Mike Reichenbach Volkswagen works to provide a seamless experience, with these benefits for buyers:

  1. Convenient Online Pre-Approval
    Our finance application is available online for your convenience, meaning you can start the pre-approval process from the comfort of home. That’s right, you’ll get the process started before even stepping foot at a car dealership in Florence. 
  2. Promotional Deals and Specials 
    We believe in budget-friendly pricing that beats other dealers in town. From flexible terms and interest rates to Volkswagen lease specials, we work to find an affordable plan that won’t break the bank.
  3. Flexible Financing 
    Whether you decide to lease or finance, our team will customize a payment plan just for you. Our in-house Finance Center will work with you, no matter your credit score, to build a monthly payment schedule that helps build your credit and achieve financial stability. 
  4. Convenience and Ease 
    Whether you’re searching for a new sedan or used SUV in Florence, our dealership provides everything you need on-site, from financing and documentation to maintenance and repairs. 

Advantages to Choosing a Used Volkswagen Vehicle 

Choosing a used Volkswagen comes with many advantages, including more money in your pocket! Check out some of the benefits of buying used cars in Florence, SC! 

  • Upfront savings: Purchasing an older model comes with a lower price tag than buying a brand-new model. Upfront savings may allow you to afford a used Volkswagen with upgraded features. 
  • Slower depreciation: As soon as you drive your vehicle off the lot, it begins to lose its value. Used VWs, however, depreciate much more slowly than new ones.
  • Less environmental impact: Building a new vehicle takes a toll on nature, but buying one that’s already been made eliminates the need for manufacturing.
  • Reliability: Certified pre-owned vehicles offer peace of mind, with an extensive inspection and reconditioning process ensuring each CPO car meets the highest quality standards. Many come with a warranty too!

Leasing vs. Buying a Car: What’s the Difference? 

Once you’ve arrived at our Finance Center, it’s time to decide whether you’d rather lease your VW or buy it outright. Consider the following:

Leasing a used Volkswagen is a short-term commitment that comes with a lower price tag. By choosing to lease, you commit to only two or three years. Leasing a used VW over a newer model offers several great benefits to keep in mind, like lower monthly payments and a potentially longer warranty. 

Buying a car is a bigger commitment. While you’ll pay more each month, you’ll also enjoy the freedom to customize your new ride – without mileage restrictions to consider. Ultimately, the decision is based on your budget and lifestyle!

Concerned About Finances? Give Mike Reichenbach Volkswagen a Call Today! 

Your financial future is serious business – but it shouldn’t be stressful! Finding what works for you and your budget is our goal at Mike Reichenbach Volkswagen, as we guide and assist you at every stage of the financing process. 

Our finance experts will discuss your budget and financial background to create a payment plan that leaves you feeling stable and secure. And with our selection of new and pre-owned cars in Florence, SC, we offer reliability at an affordable cost. 

Stop by today for a test drive! Your dream drive awaits!