What Dealerships Really Mean When Advertising a $0 Down Lease

You see it all the time at car dealerships across the country. Advertisements that read "0 Down!" And "Nothing needed to drive home today!"

If you are like most people, these car lease deals lead one to believe that no money is required up front in order to finalize the paperwork. Unfortunately, this is not necessarily true.

In most cases, this only refers to the down payment itself. Consumers interested in leasing a new Volkswagen car or SUV are still responsible for the first month's payment, license and registration fees, documents fee, and taxes.

Every dealership is different so this is not always true for every lease under the sun. Nonetheless, there are a few consistencies that remain unchanged about the "$0 Down" lease deal.

Essentially, you are agreeing to pay less money in the short term by skipping out on the down payment. To make up this figure, auto financiers will sometimes spread out this cost throughout the 36 months (or however long your lease might be).

Since this is the case, it is in your best interest to ask the leasing agent, "What will my monthly payment be if I paid a down payment?" You might be surprised to find that the dealership isn't hiding fees so the payment will remain the same.

In closing, a "$0 Down" lease deal can be a great option so long as the dealership effectively communicates exactly what the contract entails.

If you have any doubts whatsoever, ask the leasing rep what fees are included, how much is due at signing, and what you have to pay in order to drive off the dealership lot.

For more information on getting a new car lease at Volkswagen of Orlando, give us a call at 855-634-9221.