Volkswagen Sign & Drive Sales Event

How Do Sign & Drive Leases Work?

Volkswagen Sign & Drive leases are usually made available at special dealership events, which may occur at any number of locations across the country. Whether you're looking for a VW Jetta or a spacious Tiguan, a sign and drive leasing event is an excellent opportunity to bring home the new vehicle you most desire for a monthly payment that falls well within your budget. In most financing arrangements, you'll need to put thousands of dollars down in order to drive away in a new car. With a sign and drive lease, you'll bundle the full cost of the leasing agreement into your monthly payments. As with any other program, you'll still pay taxes and associated fees at the dealership where you sign the paperwork. However, choosing to benefit from this program is the best way to avoid the large down payments that many drivers associate with new vehicles.

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Do I Qualify for a Sign & Drive Lease?

Here at Hendrick Volkswagen of Concord, we think everyone deserves to feel comfortable in the vehicle they drive. If you're ready to upgrade with a new vehicle, but a large down payment simply isn't an option, VW Sign & Drive is a quick way to improve your daily drives around Paradise Valley and Fountain Hills. However, not everyone will necessarily be approved for the program. Since VW Sign & Drive is a zero-down lease agreement, the lessor needs to know that you can handle your monthly payments. For this reason, they're likely to run a credit check, and of course, higher credit will translate directly to better outcomes. If your credit does not qualify you for a Sign and Drive lease, you'll need to work with your trusted Volkswagen finance team in order to arrive at a different solution.

Is Sign & Drive Right for You?

Although a "Sign then Drive" lease might already sound like a great option, it's important to remember that no program is going to be a perfect fit for every driver. Here are a few of the factors that drivers consider when deciding between buying vs. leasing:

  • Determine your budget and find out how much you can afford to pay. If the lease payments are too expensive, an affordable pre-owned Volkswagen might be a better option.
  • Consider your commute. If you have to drive long distances, you might run into trouble with a leasing contract.
  • Some drivers like to customize or modify the vehicles they drive. If you fall within this category, financing your Volkswagen is a better option than leasing it.