At McDonald Volvo Cars, we believe buying a new vehicle should be an easy, exciting experience that you walk away from feeling confident in your new purchase. That's why we do our best to make sure you have all your questions answered even before you visit our store! Below is a list of some of the common questions our customers have when financing their new vehicle. Have more questions? Give us a call and sit down with one of our expert finance managers who can walk you through the entire process and ensure you get the best options available.

Buying v. Leasing

At McDonald Volvo Cars in Littleton, Colorado we believe in providing our customers with the best car buying experience possible. This means we will work to get you the best financing rates possible and ensure all your questions are answered.

There are benefits to both buying and leasing a vehicle. If you are a new car shopper who likes getting a new car every few years, then leasing would be the best option for you. If you are a new car shopper who is looking for something more long term, then we recommend buying the vehicle.

Leasing a Car


  • Low Down Payments -- Even though a lot of the advertised lease deals assume a down payment, you can often get the dealer to limit it just by asking. Of course, the more cash you come up with initially, the lower your monthly payments.
  • Low Monthly Payments -- Since you are only paying off the depreciation on the car -- not its full value -- your monthly payments are much lower than if you opt to finance the purchase of the entire car over the same period of time.
  • Easy Turnover -- Assuming your car is in good shape, when your two or four years are up, just stroll into the dealer, hand over the keys, and drive out with a brand new car and a new lease arrangement. You don't have to bother with selling the car or haggling with a dealer over trade-in value. That was all taken care of beforehand.
  • Quality Insurance -- All Volvo leases have Gap Insurance built in. This means that if you total the car or it gets stolen, your insurance will not only reimburse you for the car's market value, but also what you still owe on the lease.


  • No Equity -- Similar to paying rent on an apartment, your lease payments don't go towards owning anything. Unlike traditional financing, you can't look forward to the day when the payments will stop and you can drive your own car free and clear.
  • Lack of Flexibility -- You pay a big penalty if you want out of the lease before the full term. Bailing out early may cost you as much as six extra months of payments, depending on your leasing company.
  • You May Pay Extra -- Most leases charge an extra 25 cents for each mile you drive over a certain limit. Typically the lease agreement grants 12,000 to 15,000 miles per year. (Drivers average 15,000 miles per year.) Also, you'll have to pay up for any damage to the car beyond normal wear and tear when you turn it in. One way to avoid the mileage charge is to buy more miles at a reduced rate (of around 10 cents) up front.

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  1. McDonald Volvo Cars

    6040 South Broadway
    Littleton, CO 80121

    • Sales: 303-376-4733
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Get in Touch With Us

  • Contact our Sales Department at: 303-376-4733
  • Monday9:00AM-6:00PM
  • Tuesday9:00AM-6:00PM
  • Wednesday9:00AM-6:00PM
  • Thursday9:00AM-6:00PM
  • Friday9:00AM-6:00PM
  • Saturday9:00AM-6:00PM
  • SundayClosed