Leasing vs Buying
When you visit our Ford dealership in Kissimmee, FL, you have a multitude of car-buying options. You’ll start by selecting your new or used Ford from our massive inventory, and go on to select 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 both leasing and financing a new car, but one option is sure to work better for your unique budget and preferences. For example, if you don’t have a lot of money you can put down initially, leasing a Ford might make more sense for you. However, if you’re the type who likes to jazz up their car with custom parts and accessories, you’ll definitely want to buy. Our finance specialists can work with you to ensure your car-buying process is completely seamless, so start by deciding which option makes the most sense for you. Once you have an idea of 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 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 Good for those who don't drive often or long distances |
Maintenance | 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 Good for those who don't drive often or long distances |
Customization | Can customize the car with parts and accessories | Vehicle must be returned to dealership in same condition it was in when leased |