Print

Volkswagen Auto Financing


Auto Loans in Washington DC - Congressional Volkswagen

Welcome to the Congressional Volkswagen Finance Center for Gaithersburg and Washington, DC car loans and lease programs. Here you can use our online finance application form to get a quick and accurate response on financing your next new or used car. Bad credit in DC doesn't matter to us, we'll do whatever it takes to put you in that new VW in the District of Columbia. Simply fill out the form below! Your financing information is sent securely in an encrypted format, and we'll get back to you in as little as a day's time to complete the process.

Congressional Volkswagen has everything you need. From our premier auto loan options for our Washington, DC customers, to used cars in Washington, DC. With knowledge and experience to help you with your purchase, and a friendly atmosphere, we're Washington, DC's VW dealership!

Our Volkswagen Finance department can offer you:

  • Competitive rates direct from the manufacturer and local banks
  • Quick approvals
  • Value-added services to protect your Volkswagen vehicle investment
  • Extended warranty programs
  • And many more money-saving programs to meet your needs
 

We strive to work with each customer to ensure their satisfaction. You can save time now by using our quick pre-approval form to qualify for one of our finance programs. Additionally, we provide you with a payment calculator to estimate your buying power and monthly payments. We are always happy to answer your questions so please don't hesitate to contact us today!



Contact Information

Contact Information

Congressional Volkswagen

801 Rockville Pike

Rockville, MD 20852
workSales:
800-784-9904
serviceService:
240-499-2531

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.

pause

Tip!

Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.

Tip!

Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.

Tip!

Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.

Tip!

Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.

Tip!

Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.

Tip!

Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.

Tip!

Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.