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Should You Buy or Lease Your Next New Ford Vehicle?

Explorer Xlt

It’s no exaggeration to say that the Ford Motor Company invented the modern automobile. Henry Ford also had some revolutionary ideas when it came to affordability as well.

He made Ford Model T’s affordable for the average person and paid his workers enough so they could afford one as well. And with many great Ford lease and finance options available, that spirit remains alive and well.

When are Ford Leases Better?

If you want lower monthly payments, you don’t need to visit the used car lot. Leasing a new Ford vehicle gets you lower payments that would require a much more substantial down payment if you were to buy the same car.

At lease end, common issues like depreciation and resale are the dealership’s problem, not yours. If you like a bit of variety in your life or if you simply want to ensure you’ve always got the latest and best technology available, a lease could be perfect for you.

When is it Better to Buy Your Ford Vehicle?

Because there are penalties for excess mileage and wear, leasing isn’t right for everyone. It’s as important to think about how you drive as it is to think about what you drive. Your Ford Escape may come back to Waconia Ford in pristine condition, but if it has 60,000 miles on it from all your road trips and commuting, you’d be in for a shock.

Likewise, a Ford F-150 can take a lot of punishment, but if it comes back to us with dents and dings from your time at work (or play), you’d be looking at penalties too. If you buy, you can go wherever, and do whatever, you’d like.

Lease or Buy a Ford Vehicle from Waconia Ford

If you’re still unsure which option makes the most sense for your lifestyle and finances, the team at your Ford dealership near me will be happy to help you make an informed choice. Be sure to ask about our current Ford lease and finance offers while you’re here!