Having been Ford dealers for so long, we are here to help our customers with any automotive question they may have. One question that comes up often is whether it’s better to buy or lease a Ford car. Sadly, there’s no set answer to that inquiry because choosing which option is best depends on a host of factors that are unique to every motorist.
When you lease a vehicle from our Ford dealership, you’re basically entering into a rental agreement that gives you the right to possess your chosen vehicle for a certain number of months. Once your contract expires, you’ll have to return your leased automobile to the dealership unless you decide to buy it. Because you’ll only have a leased car for a pre-determined number of months, you’ll be able to get a new car with the latest features every few years if you so choose.
As a lessee, you’ll be required to maintain your vehicle in good condition, and you’ll only be able to drive up to a certain number of miles annually to avoid having to pay a penalty when your contract is up. If you drive more than average, travel with pets or kids regularly, or go off-roading on occasion, you might be better off purchasing an automobile.
If you contact or visit our Waconia, MN Ford finance center, our experts will tell you that leasing is typically a wise move if you’re on a limited budget. In general, leases require smaller down payments and they have lower monthly payments.
For more helping choosing between leasing and buying, contact Waconia Ford at your convenience. If you’re ready to lease a Ford vehicle, check out our Ford lease specials now!