Advantages of a car loan with Mitchell Volvo
One benefit, of course, is that you're actually buying the car so you can eventually own it, or at least have some "equity" (a share of ownership) in that vehicle. Making your monthly payments on time helps raise your credit score, which is why automatic withdrawals makes sense. One downside is that loan payments are higher than a lease, but unlike a lease, you're building equity and that's worth real money when you get your next luxury car.
Getting started with a loan is simple with us
Just go online and fill out our Finance Application. If you want help filling it out, feel free to call our Finance Center. We'll be glad to assist. Once you get approved for a car loan, we can call on our good relationships in the local lending community and help you find the best available interest rates, to help keep your monthly payments as low as possible. Contact us any time to learn more.
Pros and cons of getting a lease
Leasing a new Volvo luxury car at Mitchell Volvo is easier than you might have experienced in the past. Your monthly lease payments in West Hartford or Hartford CT will be lower than monthly car loan payments for the same car. To help you get the best deal possible, check out our online special offers for car loans and leases. One lease downside is that you don't have any equity in the car at the end of the lease, so please keep that in mind.
Benefits and choices at the end of your lease
One thing many people like about leasing with us is the ability to drop off your lease vehicle at Mitchell Volvo at the end of your lease term - usually 36 months - get a new lease and drive another new Volvo home to Farmington CT. No need to sell your previous vehicle. You can also buy that leased Volvo from us, or stop leasing for a while and get a new Volvo from our New 2021 Volvo Inventory.
When your financing ends, sell your used car to us
Whether you're getting a loan or a lease, at the end of the loan or lease term, consider making Mitchell Volvo the next buyer for your old car. Right now, there's a shortage of good used cars, trucks and SUVs, so we can give you an extra-high cash price or trade-in value for whatever you're driving now. But if you're even thinking about doing that, please do it soon because the current used car shortage and extra-high prices won't last forever.
We make financing easy at Mitchell Volvo in Simsbury, CT
Whether you want a loan or a lease, whether you feel confident about how financing works or not, we can help make everything clear and get you the best available rate. Apply for financing online, and while you're there, find the new Volvo luxury car that gets your heart pumping the fastest. Then get in touch with us to arrange a test drive soon at Mitchell Volvo in Simsbury, CT.
Your privacy is important to us.
Mitchell Volvo Cars of Simsbury takes your privacy seriously and does not rent or sell your personal information to third parties without your consent. Read our privacy policy.