---
id: faq-0105
title: "What's the difference between leasing and buying a car?"
category: faq
subtopic: leasing
page_type: faq
source_url: "https://www.castlevwdownersgrove.com"
tags: ["leasing", "buying", "comparison"]
questions:
  - "Should I lease or buy?"
  - "Pros and cons of leasing vs. buying"
  - "Is leasing cheaper than financing?"
related: [lease-payment-explained, lease-mileage, lease-wear-and-tear]
dealer: Castle Volkswagen of Downers Grove
---

Leasing means you rent a vehicle for 2-4 years, while buying means you own it outright (or finance a purchase). With a lease, your monthly payment is typically lower because you're only paying for depreciation, not the car's full cost. You avoid major repair bills and always drive something under warranty. The tradeoff: there are mileage limits, wear-and-tear standards, and you have nothing to show at the end. Buying builds equity and gives you unlimited mileage and ownership freedom, but maintenance and repairs are on you. Both approaches make sense depending on your lifestyle. The Finance team at Castle Volkswagen of Downers Grove can help you weigh the options and find the right fit. Call **(630) 598-9986** to discuss.