One of the biggest questions any car shopper faces is whether or not to lease, finance or buy their next vehicle. How do you know if leasing your new Ford is the right decision? At Jimmy Granger Ford of Stonewall, we want to ensure that you do what’s right for you. That’s why we’ve put together this handy guide on Ford leasing.
Buying and Financing
When you buy or finance a new car, the same principle applies. Either you or your lender pay the price for the vehicle. Then, you owe it outright or need to pay on it for a specified period before it becomes yours.
Either one of these options causes you to become a victim of depreciation. While this doesn’t bother everyone, not all customers want to pay full price for a car that loses a chunk of value when it goes off the lot.
Ford Leasing
When you lease a new Ford, you have a completely different experience. You will pay some fees and taxes up front, but then you get that vehicle in exchange for a monthly payment. If you drive the car for a specified period of time, you then get to make one of three choices. You can:
- Buy or lease another vehicle
- Buy the vehicle
- Return the car
If you choose to lease again, you essentially get to drive a new car every few years. That allows you to always enjoy the latest technologies, safety features and entertainment options. Aside from that, your vehicle is covered under warranty the whole time. That means you are protected for the entirety of your lease agreement.
Lease a New Ford Today
If you are ready to drive away in a new Ford truck or SUV today, stop by Jimmy Granger Ford of Stonewall. We have a complete inventory for you to test drive and we can set up a Ford lease that makes sense for your needs.
Browse our online inventory and schedule a test drive today.
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