Lease vs. Buy Which is right for you?
You have many car-buying options when you visit our Ford dealership in Kissimmee, FL. You'll start by selecting your new or used Ford from our massive inventory, choosing the trim, features, and color you truly want. Once you know exactly which new or pre-owned Ford you want, you'll move onto the financing process. At our dealership, we offer both leasing and buying options. Not sure what you want to do? Our expert Ford finance team can help you decide which makes the most sense for your lifestyle.
There are many benefits to leasing and financing a new car, but one option will work better for your unique budget and preferences. For example, leasing a Ford might make more sense for you if you don't have a lot of money you can put down initially. However, if you're the type who likes to jazz up their car with custom parts and accessories, you'll want to buy. Our finance specialists can work with you to ensure your car-buying process is seamless, so start by exploring which option makes the most sense for you. Once you know what you'd like to do, stop by our dealership!
What Are the Differences Between Buying and Leasing?
Features |
Buying |
Leasing |
|
Ownership |
Higher monthly payments
Payments go toward eventual ownership |
Smaller monthly payments
Set lease term
At the end of term, you can buy the vehicle or begin a new lease |
|
Down Payment |
Higher down payment
The more you put down, the less monthly payments are |
Low down payment
Frequent lease specials allow for no down payment |
|
Mileage Restraints |
You can drive as much as you want
Better for long commutes |
Set annual mileage limit
Accrue extra fees if you go over mileage limits
Suitable for those who don't drive often or long distances |
|
Maintenance |
The owner is responsible for all routine maintenance & repairs No contract restrictions |
Strict maintenance schedule No long-term repairs are necessary |
|
Customization |
You can customize the car with parts and accessories |
The vehicle must be returned to the dealership in the same condition when leased |