Ford Shopping at Brainerd – The Buy vs. Lease Decision
Surveying our new Ford lineup here at Mills Ford Brainerd and ready to proceed with an automotive investment? Shoppers torn on the buying and leasing decision will discover clarity through our finance experts and the helpful insights this veteran team can provide.
Buying – Advantages & Disadvantages
Advantage – Financing a vehicle leads to outright ownership once your auto loan is paid
Advantage – Buying a new Ford model means freedom from mileage restrictions
Advantage – Purchasing a new Ford truck, sedan or SUV provides the freedom to customize with genuine auto parts and accessories
Disadvantage – A down payment is traditionally required to finance a Ford model
Disadvantage – Average monthly payments for financing are typically higher than leasing
Disadvantage – Financing means you will commit to one vehicle over a longer period
Leasing – Advantages & Disadvantages
Advantage – Leasing is typically a more affordable option than buying
Advantage – Leasing contracts are typically a few years for short-term flexibility
Advantage – Leasing a new Ford model provides access to the latest brand designs and technology
Disadvantage – Leasing contracts forbid customization using parts and accessories
Disadvantage – Leasing a vehicle builds no equity with your payments
Schedule a Finance Consultation at Mills Ford Brainerd
Want to meet with our team and discuss more buy versus lease specifics? We’re happy to assist you and look forward to connecting! Give us a call today to get started.
