Buy vs Lease

Buying or Leasing Your New Ford: Which is Better?

A popular quote says that if you can't explain something simply, you don't understand it well enough. And that may be why so many people have a hard time figuring out the pros and cons of leasing or buying a new car.

Fortunately, we are so well-versed in the intricacies of the leasing process--and leasing a new Ford model, specifically--that we've helped thousands of drivers in Gadsden, Centre, Southside, Rainbow City, and Jacksonville take control of their finances and find a plan that works for them. When it comes to leasing vs. financing, it's less a matter of which is better in general, but which is better for you.

Read below to see our lease vs. buy comparison, and check out some of the pros and cons of each. Whichever option you choose, though, you'll still be getting into a great new Ford Focus, F-150, Escape, or Fiesta--so have fun!

Not sure how much you can afford? Apply for credit online, and you'll be able to see what type of loan terms or leasing rates that you're qualified; that may play a big part in your decision.

Leasing a Ford: Newer is Always Better

You should lease if:

  • You want to pay less per month to drive a brand-new car
  • You drive between 10,500 and 19,500 miles per year
  • You tend to take good care of your vehicles
  • You want to drive the best and newest models every few years

You should not lease if:

  • You drive in excess of 20,000+ miles per year
  • You put your vehicle through excessive wear and tear

Buying a Ford: A Smart Investment

You should buy if:

  • You like the confidence and security of owning your car outright
  • You like to drive the same car for many years
  • You put your vehicle through the wringer and don't plan to change that
  • You want to use your payments to build equity, rather than to pay vehicle depreciation

You should not buy if:

  • You can't afford to pay for full financing
  • You want to upgrade to a new car every few years easily

You may already know exactly which option is going to be best for you. Or, you may have a full page of scribbled notes, pros and cons, and question marks. Either way, we encourage you to get in contact with our Ford financing department to chat about your options.

We'll keep it simple, so you can feel good about the decision that you make. Give us a call to schedule an appointment, or swing by during business hours.

Contact

Ronnie Watkins Ford Inc.

101 George Wallace Drive
Directions Gadsden, AL 35903

  • Sales: (877) 892-3565
  • Service: (877) 892-5411
  • Parts: (877) 895-1753

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