Leasing vs. Buying a Ford

Benefits of Buying

If ownership is what you want, then buying your Ford will allow you the ultimate freedom you’re looking for. With this option, you can keep your ride for years after you’ve paid off the note and sell it for a profit down the line, if you like.

Buying opens up many possibilities for the types of cars you can get, too. Not only will you have access to an array of brand-new cars, but you can also buy used or certified pre-owned models, which aren’t typically available for lease.

Also, when you buy your Ford, you’ll have no mileage restrictions. You can drive as much as you like for as long as you want and enjoy countless road trips, nights on the town, or leisurely drives along the bay.

Benefits of Leasing

Leasing works well for those who desire flexibility, and it works well for those who tend to drive fewer miles than average in a year. With leasing, you will have limits on the number of miles you can drive during your 2-3-year lease term, and you can be charged a fee if you go over this number.

However, we may be able to waive that fee if you lease your next vehicle, and therein lies one of the best perks of leasing. If you continue to lease, you’ll always have access to a brand-new ride with the latest features and technology.

Additionally, since you’ll only be paying on the vehicle’s principal, your monthly payments will likely be lower when you lease your Ford. You may even save big on maintenance since the dealership’s warranties often cover routine services for leased vehicles.

Apply for Your Ford Vehicle Loan or Lease Today

If you need additional help deciding which option is right for you, our finance experts will be happy to answer your questions. However, if you already have your eye on a favorite Ford model and you know which financing option is best for you, feel free to apply online.

We offer several tools to help you plan your budget and get pre-approved in a flash. Our Payment Calculator tool will give you an idea of how much your monthly payments will be. Plus, with the Value Your Trade tool, you can get an accurate estimate of your old vehicle’s value.

Use the proceeds from selling us your car to make a hefty down payment on your Ford, and you could save tons when you sign and drive. Complete your application today and you could be pre-approved in just minutes.