Leasing a used car: Our Used Auto Leasing Program

Are you interested in getting the financial benefits of a quality used car or a Certified Pre-Owned Volkswagen? Have you ever wondered whether you could actually lease that vehicle? While it's not something you hear about every day, it's possible to do that at Bill Fox Volkswagen in Rochester Hills, MI. In certain circumstances, you can lease a traditional used or Certified Pre-Owned (CPO) VW from us. Here's an introduction to the concept.

Why lease a used car?

The key advantage would be financial. Acquiring any good pre-owned car, truck or SUV - or a Certified Pre-Owned Volkswagen - is obviously going to cost you less than a brand-new version of the same model. When you lease that same vehicle instead of getting a car loan, your monthly lease payments will be lower than what you'd pay with a car loan. What's more, the amount you pay upfront for a lease is less than the down payment for a loan. 

Get additional benefits when you lease a Certified Pre-Owned VW

Our Certified Pre-Owned (CPO) Volkswagen models are a special breed of used car. These are generally newer VW models with fewer miles than the average used vehicle. In addition, each CPO VW at Bill Fox Volkswagen has been thoroughly inspected throughout the vehicle to affirm that this is an exceptional value. Once a VW achieves CPO status, it's then covered by a special warranty you typically wouldn't get with a conventional used car.

What's more, a CPO VW at Bill Fox Chevrolet includes 24/7 roadside assistance as part of the overall package. When you lease a CPO Volkswagen from us, you're not only getting the benefit of a lower monthly payment. You're also getting the many advantages of a high-quality pre-owned VW that's been rigorously inspected and certified. It's the chance to drive a more trouble-free vehicle with less money out of your pocket.

How the end of a lease works when leasing a pre-owned model

When leasing any vehicle - whether new or used - at Bill Fox Volkswagen, our valued customers in Farmington Hills and Troy, MI can simply return that vehicle to us at the end of the lease period. You will be responsible for paying the cost of any excess vehicle damage or miles above the contractual limit. But you won't have to be concerned about the hassle and expense of selling that vehicle: We take care of that for you.

Are there any downsides when leasing a used car that I should know about?

One big disadvantage of leasing a vehicle is that you aren't gradually building an ownership stake in the pre-owned car, truck or SUV that you're leasing. When you lease, it's like renting a car for a specific period of time: usually 36 months. Your costs for transportation are generally less than they would be if you obtained a car loan for the same vehicle, but you usually aren't creating any cash value that could be used to buy your next car.

We can tell you more about the pros and cons of leasing a pre-owned car

We want our customers from nearby communities like Warren, MI to clearly understand all the implications of leasing a traditional used car or Certified Pre-Owned Volswagen. If you're interested in knowing more, we encourage you to reach out to us any time. At Bill Fox Volkswagen in Rochester Hills, MI, we will be happy to answer your questions and help you decide if leasing a pre-owned car might be worth considering.

Early Lease Returns Made Easy at Fox Toyota

The value of leasing is surely achieved at Fox Automotive. And with the ability to return your lease early given a process already cemented, there's less worry incurred for a more pleasurable leasing experience near Troy.

At Fox Automotive, all concerns are alleviated once your Chevrolet, Volkswagen or Toyota lease term nears an end.

The Lease Return Center at Fox Automotive Near Warren

The lease-end process when looming might give way to some anxiety.

For three to four years, you've been careful about yearly mileage accrued while preventing any damage or unnecessary wear. In all, it's been a wonderful experience considering the low, monthly lease payments and those lease-end options enticing as they remain.

Yet some questions may exist as to the process, and what happens thereafter.

That's when our leasing professionals at Fox Automotive are made available to guide you through the various options at your disposal. They comprise the following benefits to leasing your Toyota Tundra, Volkswagen Jetta or Chevrolet Camaro:

Inspection Appointment

Prior to your Chevrolet Silverado lease ending, you'll need to make an appointment for an inspection. This is done to document wear and tear that may be beyond normal and customary.

Upon successful completion without any issues to address, you're provided with several choices to consider.

Purchasing Your Current Lease

With that worn-in appeal and memories encased, you may desire to purchase your leased Volkswagen Atlas outright. This process allows for a payoff quote to be determined predicated upon accrued mileage and other aspects of wear incurred.

In doing so, our finance professionals will provide a quote wholly commensurate with market value in Sterling Heights.

Leasing Anew

With the affordability of leasing a Toyota Tundra an outstanding prospect, once you've relinquished your current lease, you may lease again the most updated Toyota model there is.

In essence, this is what drives our business at Fox Automotive. Repeat leasing clients possess the ability to lease everything that's new every three years, at least. This comprises the capacity to stay atop of trends and technological advances applied throughout new Chevrolet, Volkswagen and Toyota line-ups.

Purchasing Your Next Chevrolet Colorado

If you've deemed that leasing is not right for you and circumstances, purchasing any new Chevrolet, Volkswagen or Toyota is easily accomplished upon your current lease ending.

Upon surrendering your current lease, you may browse our extensive inventory spread across three brands at one, Waterford location.

Walk Away at Lease End

Should everything be in order as to returning your current lease, once providing all keys, you may simply walk away in consideration of what will come. Every new production year will feature updated Chevrolet SUVs, Volkswagen hatchbacks and Toyota trucks to get excited about.

So, if you wish to await new inventories at Fox Automotive, this decision is yours to secure. At Fox Automotive we stand ready to welcome you once again with leasing and purchasing.

All Lease-End Concerns, Questions Answered at Fox Automotive

With anything that remains outstanding or difficult to ascertain in terms of leasing obligations, our lease professionals are ably ready to field your questions.

Our digitally savvy clientele may access online query forms regarding the scheduling of your early lease-return appointment or other pertinent information related.

For a more personalized approach, feel free to contact our local Sterling Heights area dealership for all early lease-end concerns and appointments made.

In all, the process by which a lease is returned has been made easy to navigate. This the prime reason why leasing remains a popular means of acquiring new Chevrolet, Volkswagen and Toyota models across all body styles.