Your search for the car of your dreams is over. Which one fit the bill? Is it the Ford Fusion, the Ford Mustang or perhaps the Ford F-150? Or maybe another popular Ford model. Whichever car, truck or SVU you’ve chosen, there is one last decision to make: do you buy or lease your new vehicle?
While much of your choice depends on your lifestyle, how long you intend to keep the car, and your current financial obligations, we have created a quick list of the pros of each below.
Benefits of Leasing a New Ford
- You can drive a more expensive car while spending less on monthly payments when you lease a car
- A lower down payment is usually required when you choose to lease a new vehicle
- Repair costs are lower or even nonexistent; leased vehicles are still under factory warranty
Benefits of Buying a New Ford
- Want to add a remote car starter, a rear spoiler or make other modifications to your new vehicle? If you choose to buy, you own the vehicle and can modify it as you’d like
- How would you like to live without a car payment? If you keep your vehicle once the loan is paid in full you’ll enjoy this benefit for months and maybe even years
- When you own, you can drive as many miles as you need or like without any restrictions
Ready to explore your options further? Please visit us here at Mitchell Selig Ford soon. Our helpful and friendly finance team would be happy to serve you. We’re located conveniently in the Windsor, CT, area.
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Finance