Should You Buy or Lease Your Next Ford? Let's Take a Look at the Benefits

Throughout the process of shopping for a new Ford, there are plenty of decisions, like body style and model. But one of the most important decisions to make is whether you'd like to buy or lease your next Ford. There are plenty of benefits of both options, and Brentridge Ford Wetaskiwin wants to help Wetaskiwin driver understand them.

Buying a New Ford

The first benefit of buying a new Ford is simple: you own it! That means eventually your monthly payments will end once you've paid off your loan, and you can drive or alter your vehicle as much as you'd like. You can also resell your vehicle and keep the cash value for yourself, or trade in at any time and put the value toward your next vehicle purchase. Buying is the best option for those who love to drive a vehicle for a long time.

Leasing a New Ford

When you lease a new Ford, the dealership maintains ownership of the vehicle. Because of that, you don't pay full price, just for the term of your lease, and monthly payments tend to be lower. Maintenance is also generally covered under warranty for the duration of the lease. Here's the benefit many love about leasing: when your lease ends, you can drive home in a brand new Ford by signing a new lease! Leasing is the best option for those who love to upgrade to a new vehicle every few years.

If you have any questions, our Finance Department would be happy to help in any way. Until then, keep browsing our new Ford inventory, and arrange for a test drive today!

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