Lease VS Buy

When it’s time for your next vehicle, you’ll find yourself facing more decisions than simply “what make/model do I want?” The majority of us will end up financing rather than paying cash, but that raises a very important question; should you lease or buy?

The answer is not the same for everyone, so Volkswagen of Naples has created this nifty infographic exploring a few basic questions you should be asking yourself before making this decision. That’s not all there is to it, though, so let’s get a little more in-depth with the advantages and disadvantages
VW Lease VS Buy-2Leasing

When you lease a vehicle, you will end up with a lower monthly payment with less money due at signing than you would if you took out a loan to purchase the same vehicle. This is because you are essentially renting the vehicle for 2-4 years, so you are only paying for the portion of the vehicle that you plan to use. This is great especially when you are considering something brand new as it allows you to get a vehicle that would otherwise be out of your price range.

The lease agreement does have a disadvantage for some people depending on their driving habits. In your lease, you agree to driving up to a certain amount of miles per year (usually up to 15k/year). If you go over these miles at the end of the lease, it can cost you. If you tend to drive a lot, you should consider buying. Another thing that can be held against you in a lease is excessive wear and tear, however, Volkswagen offers several insurance packages for a small fee to protect you from any unpleasant financial surprises at the end of your lease.

Keeping with financial implications, leasing is great for people who can claim their vehicle as a business expense. When tax season rolls around, remember that leases are deductible! You can’t write off the purchase of a vehicle, but you can with a lease.

Leased vehicles belong to the bank. At the end of your lease term, you do not own the vehicle as you would with a loan when purchasing a vehicle. You then have the option toturn in the vehicle and walk away,
purchase your leased vehicle and make it yours, or lease a brand new one! If you like to have the latest and greatest technology and a brand new vehicle, this is perfect for you! Leases generally last 2-4 years and you can get a brand new vehicle once your term is up. You also do not have to deal with the hassle of selling or trading in your vehicle when you are ready for a new one. Depreciation is not your problem!

Leases can rid you of negative equity. Do often find yourself owing more than what your vehicle is worth with every purchase? It can sometimes seem like you’ll never get out from under it – but fear not! If you have great credit and are willing to make higher payments for a few years, you can rid yourself of this negative equity by rolling it into a lease. Your payments will be high for the next few years, but once your lease term is up, you can turn it in and you will not have any negative equity to speak of! It was all absorbed by the lease.

There is one downside to this – you cannot simply turn in your lease whenever you please. You are locked into the contract for the term that you signed for, and it can sometimes be very difficult and expensive to get out early. If you need the ability sell your vehicle at a moment’s notice or keep it for a very long period of time, then leasing might not be for you.

Buying

Let’s talk about the elephant in the room right off the bat: depreciation. Yes, your vehicle depreciates. Its value goes down as soon as you buy it. For this reason, purchasing a lightly used pre owned or a Certified Pre Owned VW can be the most cost effective option – but let’s admit it. There’s nothing quite like that new car smell, and some of us simply cannot resist.

When you purchase a vehicle, unlike leasing, the vehicle is yours to do with as you please. This doesn’t just play on the feeling of ownership; it does have some very important advantages and disadvantages. If you suddenly need to get rid of your vehicle or get something else, buying gives you flexibility to do so. For example, say you purchase a Volkswagen Beetle Convertible and a few months later you find out that you are expecting a little bundle of joy. A small convertible will no longer suit your needs, and you’ll need to opt for something larger like a Passat or a Tiguan SUV. Since you purchased rather than leased your Beetle, you can simply trade it in for something that better suits your needs – and you may even have some positive equity to play with!

The other side of this advantage is that you can keep your vehicle for as long as you want! Some of us tend to get attached and like to keep our vehicles for a long time, and sometimes even pass them down to our children. Buying allows you to do this…. Or not! The choice is yours, and you can decide when you’re ready.

Another advantage is no mileage restrictions! Since the vehicle is yours, it does not matter how much or how little you drive. You can drive cross country whenever you feel like it!

It is important to talk about credit scores too. To lease, you must have excellent credit. If you are concerned about your credit score, or if you already know that it’s on the lower side, then buying will likely be your best bet. Whichever route you take, as long as you keep up with your payments, you can improve your credit score thanks to your new car!

We hope that this was helpful to you! If you have further questions or if you are ready to buy or lease your new Volkswagen, please stop by Volkswagen of Naples or call us at (866) 364-0242.

2015 Volkswagen GTI: First Drive & Review

The 2014 Volkswagen Beetle GSR has arrived!

This GSR is one of 3500 that will be sold in the U.S. Here now at Volkswagen of Naples!!!

 

(Source: Volkswagen of America, Inc)

With this new car, Volkswagen has re-interpreted the 1970s GSR for the modern era. The bodyshell of the 1973 Beetle was painted yellow, while the hood, trunklid, and bumpers were finished in matte black. The look was rounded out by black trim strips underneath the side windows and black rocker panels. Yellow and black link old and new: the body and the R-Line® bumpers on the new GSR are predominantly yellow, the hood is mainly black, and the trunklid, roof, and the exterior mirror caps are all black. The new car has yellow/black stripes with “GSR” lettering above the side skirts and a large rear spoiler to complete the look. The stance of the new car is very different, as it rides on 19-inch “Tornado” aluminum-alloy wheels shod with 235/40 tires, compared with the original GSR’s 15-inch steel wheels and 175-section tires, which were quite common even on sporty cars back then. The new GSR also features silver-painted brake calipers.


Then as now, the GSR features a unique interior with a yellow/black theme, sport seats, and a leather sport steering wheel. The new GSR is a lot more sophisticated, however. The black-trimmed leather sport seats and high-grip leather steering wheel both have contrasting yellow stitching, for example. Other interior changes include an R-Line dash pad, a GSR shift lever, a leather handbrake lever, and black floormats with contrasting yellow embroidery. A badge on the steering wheel is marked with the special-edition number (1 through 3500) to emphasize the uniqueness of the car.

Forty years ago, the Beetle GSR had all of 50 horsepower, enough to give it the requisite performance for a sporty compact of the time. But the modern world demands much more under the hood. The new GSR’s 210 horsepower and 207 pound-feet of torque enable the car to accelerate from 0 to 60 mph in just 6.6 seconds and to reach an electronically governed top track speed of 130 mph. Most impressively, the engine delivers peak torque from as low as 1700 rpm, giving smooth, effortless acceleration in all the gears. The GSR is standard with a six-speed manual transmission, but a dual-clutch DSG® six-speed automatic transmission will be an option.

Just like its predecessor, only 3500 GSR models will be made—and more than half of those will be sold in the U.S. Since the GSR is based on the Beetle Turbo with Sunroof and Sound model, it comes comprehensively equipped with the Fender® Premium Audio System; a panoramic sunroof; Keyless access with push-button start; Bi-Xenon headlights with LED DRLs; LED license-plate lighting; heatable front seats; Bluetooth® connectivity; a Media Device Interface (MDI) with iPod® cable; three-color ambient lighting; aluminum-alloy pedals; and three auxiliary instruments that include a clock with a stopwatch function and a boost gauge. The Volkswagen Beetle GSR will go on sale in the fall as a 2014 model; pricing will be announced closer to launch.

 

Volkswagen of Naples announces $500 Discount on New 2012/2013 VW with Competitive Trade-In

$500 Discount on New 2012/2013 VW with Competitive Trade-In

Summer Sizzle Conquest Discount

Current vehicle owners of 2004 + Toyota, Honda, Nissan, Hyundai or Kia will receive a special bonus of $500 off the purchase or lease of  any new 2012 or 2013 Volkswagen models when they trade in their existing eligible vehicle. More about the beetle. More about the CC. More about the Eos. More about the GTI. More about the golf. More about the golfr. More about the Jetta. More about the Jetta SportWagen. More about the Passat. More about the Routan. More about the Tiguan. More about the Touareg 2.

National Offer|Offer ends July 2, 2012

Volkswagen of America, Inc. will pay a $500 incentive toward the purchase or lease of any new, unused 2012 or 2013 model year Volkswagen to individual purchasers or lessees who own and trade-in as part of the new vehicle purchase or lease any 2004 or newer model year Toyota, Honda, Nissan, Hyundai or Kia vehicle.  Offer is not transferable and applies only in the U.S.  Limit one per customer.  Not redeemable for cash; discount will be applied to new vehicle purchase or lease.  Offer will be reimbursed to dealer and requires dealer participation. This incentive may be combined with certain other national offers; other conditions may apply.  See your participating VW dealer for full program restrictions and details.  ©2012 Volkswagen of America, Inc.

Volkswagen of Naples, located in beautiful Naples, Florida, is your leading new and used Volkswagen dealer serving Southwest Florida including all of Naples, Naples Park, Vanderbilt Beach, Immokalee, Golden Gate, Golden Gate Estates, Copeland, Goodland, Everglades City, Bonita Springs and Marco Island.  We have a strong and committed sales staff with many years of experience satisfying our customers’ needs. Feel free to browse our new and pre-owned inventory online, www.vwofnaples.com, to request more information about vehicles, set up a test drive or inquire about financing!

Volkswagen of Naples Service Department is proud to be the only dealer in South West Florida to offer “Service While You Sleep”. This elite service will allow our customers the option of dropping off their vehicle on their way home from work and picking it up in the morning.  For your convenience, our Service Department hours include nighttime service offered until 3am along with a complimentary shuttle.

Volkswagen of Naples is conveniently located and easy to find

  • Traveling from Bradenton, Englewood, Punta Gorda, Arcadia, Sarasota, Ft. Myers, Cape Coral, Port Charlotte, Bonita Springs or Venice simply go South on I-75 to exit 105 (Golden Gate). Take Golden Gate west towards the Naples Airport to Airport Pulling Road.  Go south on Airport Pulling Road approximately one mile, just past Radio Road on your left hand side.
  • Traveling from Miami, Coral Gables, North Miami, Pembrooke Pines, Hollywood, Hallendale, Coral Springs, Ft. Lauderdale, Plantation, or Boca Raton simply go West on I-75 to exit 101 (Collier Blvd -951).  Take Collier Blvd South to Davis Blvd. Go west and follow Davis Blvd. to Airport Pulling Road.  Go North on Airport Pulling Road approximately one mile on your right hand side.

Contact Information

Volkswagen of Naples

www.vwofnaples.com

601 Airport Rd., S

Naples, FL 34104

Sales:

1-866-364-0242

Service:

1-866-352-6629

Parts:

1-866-314-8395

World Class Racing Meets FUN, SUN AND FOOD in Downtown Naples May 5th and 6th, 2012

Please join Title Sponsor Volkswagen of Naples at  the

Inaugural Orange Blossom Special

bringing the excitement of competitive cycling to

beautiful downtown Naples!

Volkswagen of Naples, located in beautiful Naples, Florida, is your leading new and used Volkswagen dealer serving Southwest Florida including all of Naples, Naples Park, Vanderbilt Beach, Immokalee, Golden Gate, Golden Gate Estates, Copeland, Goodland, Everglades City, Bonita Springs and Marco Island.  We have a strong and committed sales staff with many years of experience satisfying our customers’ needs. Feel free to browse our new and pre-owned inventory online, www.vwofnaples.com, to request more information about vehicles, set up a test drive or inquire about financing!

Volkswagen of Naples Service Department is proud to be the only dealer in South West Florida to offer “Service While You Sleep”. This elite service will allow our customers the option of dropping off their vehicle on their way home from work and picking it up in the morning.  For your convenience, our Service Department hours include nighttime service offered until 3am along with a complimentary shuttle.

Volkswagen of Naples is conveniently located and easy to find

  • Traveling from Bradenton, Englewood, Punta Gorda, Arcadia, Sarasota, Ft. Myers, Cape Coral, Port Charlotte, Bonita Springs or Venice simply go South on I-75 to exit 105 (Golden Gate). Take Golden Gate west towards the Naples Airport to Airport Pulling Road.  Go south on Airport Pulling Road approximately one mile, just past Radio Road on your left hand side.
  • Traveling from Miami, Coral Gables, North Miami, Pembrooke Pines, Hollywood, Hallendale, Coral Springs, Ft. Lauderdale, Plantation, or Boca Raton simply go West on I-75 to exit 101 (Collier Blvd -951).  Take Collier Blvd South to Davis Blvd. Go west and follow Davis Blvd. to Airport Pulling Road.  Go North on Airport Pulling Road approximately one mile on your right hand side.

Contact Information

Volkswagen of Naples

www.vwofnaples.com

601 Airport Rd., S

Naples, FL 34104

Sales:

1-866-364-0242

Service:

1-866-352-6629

Parts:

1-866-314-8395

 

 

 

 

Volkswagen of Naples announces Routan becomes the ninth VW to receive the IIHS’s coveted TOP SAFETY PICK award.

Safety in Numbers: Volkswagen leads the industry with nine 2011 “Top Safety Pick” awards from the Insurance Institute for Highway Safety.

The Routan, available at Volkswagen of Naples located in Naples, FL., is the latest Volkswagen to earn the Insurance Institute for Highway Safety’s (IIHS) TOP SAFETY PICK rating for 2011, the highest possible from the non-profit safety research organization. This means that Volkswagen now has no fewer than nine TOP SAFETY PICKS, giving the brand leadership in the U.S. industry.

The annual rating recognizes those vehicles that perform best in protecting passengers in the Institute’s front, side, and rear crash test evaluations, and the newly required roof-strength test evaluations. The Institute only awards TOP SAFETY PICK ratings to vehicles that are fitted with electronic stability control and head protection airbags.

The other 2011 Volkswagen models to receive the IIHS TOP SAFETY PICK rating are: CC 2.0L TSI®, Jetta, Jetta SportWagen, Passat, Tiguan, Touareg, and four-door Golf and GTI models.

“The Routan’s performance demonstrates Volkswagen’s ongoing commitment to safety,” said Institute president Adrian Lund. “Vehicles earning TOP SAFETY PICK status afford the best overall protection in the most common kinds of crashes, and have electronic stability control for avoiding many crashes altogether.”

“We’re delighted that the Routan has been given this prestigious award—and even more delighted that Volkswagen now has industry leadership with nine IIHS TOP SAFETY PICKS,” said Brian Massoll, Volkswagen of Naples General Manager. “It’s a great reward proving that our brand, Volkswagen, places a high regard on safety in our vehicle’s development.”

Volkswagen of Naples, located in beautiful Naples, Florida, is your leading new and used Volkswagen dealer serving Southwest Florida including all of Naples, Naples Park, Vanderbilt Beach, Immokalee, Golden Gate, Golden Gate Estates, Copeland, Goodland, Everglades City, Bonita Springs and Marco Island.  We have a strong and committed sales staff with many years of experience
satisfying our customers’ needs. Feel free to browse our new and pre-owned inventory online, www.vwofnaples.com, to request more information about vehicles, set up a test drive or inquire about financing!

Volkswagen of Naples Service Department is proud to be the only dealer in South West Florida to offer “Service While You Sleep”. This elite service will allow our customers
the option of dropping off their vehicle on their way home from work and picking it up in the morning.  For your convenience, our Service Department hours include nighttime service offered until 3am along with a complimentary shuttle.

Volkswagen of Naples is conveniently located and easy to find
Traveling from Bradenton, Englewood, Punta Gorda, Arcadia, Sarasota, Ft. Myers, Cape Coral, Port Charlotte, Bonita Springs or Venice simply go South on I-75 to exit 105 (Golden Gate). Take Golden Gate west towards the Naples Airport to Airport Pulling Road.  Go south on Airport Pulling Road approximately one mile, just past Radio Road on your left hand side.

Traveling from Miami, Coral Gables, North Miami, Pembrooke Pines, Hollywood, Hallendale, Coral Springs, Ft. Lauderdale, Plantation, or Boca Raton simply go West on I-75 to exit 101 (Collier Blvd -951).  Take Collier Blvd South to Davis Blvd. Go west and follow Davis Blvd. to Airport Pulling Road.  Go North on Airport Pulling Road approximately one mile on your right hand side.

Contact Information

Volkswagen of Naples

www.vwofnaples.com

601 Airport Rd., S

Naples, FL 34104

Sales:

1-866-364-0242

Service:

1-866-352-6629

Parts:

1-866-314-8395

Sales, Service and Parts Hours
Monday: 8:30 AM – 7:30 PM
Tuesday: 8:30 AM – 7:30 PM

Wednesday: 8:30 AM – 7:30 PM
Thursday: 8:30 AM – 7:30 PM
Friday: 8:30 AM – 7:30 PM
Saturday: 8:30 AM – 6:00 PM
Sunday: 11:00 AM – 4:00 PM

Service While You Sleep Hours

Monday – Friday: Drop off by 8:00 PM
Monday – Friday: Evening Shuttle Service extended to 8:00 PM

Monday – Friday: Morning Shuttle Service beginning at 7:00 AM