Buy vs Lease near Shreveport, LA

Buy vs Lease near Shreveport, LA

Choosing between having to finance or lease your next vehicle proves to be quite the undertaking. That’s why our team at Orr Volkswagen of Texarkana would like to go through the details of both routes. That way, you can come to an informed decision by the end! 

Leasing

For drivers in the Shreveport area, they may find that leasing may be their best course of action. For starters, this type of agreement lasts for an average of three years, making it less of a time investment. Alongside this, you may enjoy the fact that it is more affordable due to the fact that you are only paying toward the average depreciation rate of the model. While your contract does come with a mileage limit, this can be extended by speaking with our team. By the end of your term, you can choose to finance the model, begin leasing another one, or simply hand in the keys and walk away. 

Financing

If you’d like to own the vehicle you pilot, then speak to our Finance Department about our purchasing agreements. These typically span the course of four to seven years, and during this time you will be paying off the total sticker price of the model. This financial investment is rewarded with the fact that you will fully own the model you pilot across I-20 one day. This comes with many boons, such as knowing you won’t have to make any more monthly installments once it’s over. You can also make physical adjustments to the vehicle, allowing you to create a look that exudes your personality. 

What’s Best for You?

Choosing the best option for you strongly depends on your individual circumstances. If you find yourself making more trips than the average driver, then the mileage limit of a leasing contract may be a problem for you. But if you plan on leaving the area within the next few years, then having a financed model on your hands may pose somewhat of an issue for those unwilling to transport it across longer distances. Be sure to take your budget into account, as this can sway your opinion as well. If you have any more questions, be sure to contact us to have them answered today! 

 

Financing:

Leasing:

  • Lasts for four to seven years
  • Affording total sticker price
  • Leads to ownership
  • Lasts for an average of three years
  • Paying for the average depreciation rate
  • Essentially renting the vehicle

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Testimonials

We had a wonderful experience with Brain Hunter at ORR Volkswagen.

Amanda Griffin
4-2-2024
Full Star Full Star Full Star Full Star Full Star

We had a wonderful experience with Brain Hunter at ORR Volkswagen. I messaged him telling him our situation and what I was looking for.. He told me to give him a little bit to work it out and came back and got me in something! We went on a Saturday to look at the vehicle and he had it waiting on us. He was professional and wanted to get us into something just as bad as we wanted to get into something! I couldn’t have asked for a better sales guy. Plus my Ride is beyond what I could’ve imagined & im so so proud of it! Thank you Brian!!!

Brian Hunter is the best in the business!

MrGetFit87
4-2-2024
Full Star Full Star Full Star Full Star Full Star

Brian Hunter is the best in the business! Great customer service & made buying a car easy and affordable!! Looking forward to going back to buy another car in the future

My little baby looks and smells brand new again! Thank you.

Angela M Goewey
4-2-2024
Full Star Full Star Full Star Full Star Full Star

Heather Williams did a fantastic job on detailing my car!! How she was able to remove a 6 year old stain was nothing short of amazing. My little baby looks and smells brand new again! Thank you.

it also smells really good.

Sherry Alexander
4-2-2024
Full Star Full Star Full Star Full Star Full Star

I had my car detailed by Heather Williams at Orr Volkswagen and she done a wonderful job. It looks like a new car. She was able to get years worth of chocolate and juice strains out of my back seats, that no one one else has been able to do. She done great. And will have my business from now on. P.S. it also smells really good.

We had an excellent experience.

Nathan Hansen
4-2-2024
Full Star Full Star Full Star Full Star Full Star

We had an excellent experience. Previously, other dealerships had taken in our same vehicle. The first dealership caused an issue, the second dealership in DFW had us drop off our car 2 times and requested a third time for the same issue, no loaner and to boot add in a 2 hour drive one way. We reached out to this group, diagnosis was confirmed and due to the type of repair with the SRS safety system (air bags) and what not, VW corporate covered a loaner, loaners are not usually owed to anyone, most are unaware of this. I am very happy with the professionalism and service provided!

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