There are lots of options available to you when it comes to paying for your choice vehicle, especially if you don’t have the cash to buy it right away. Whether leasing or financing, there’s a solution out there for you to hit the road as soon as possible. But which payment option is the best one? The answer all depends on your financial preferences. Learn more about the differences between leasing and financing a vehicle here at Lally Southpoint Ford, your premier Ford dealership in Leamington, Ontario.
Benefits of Leasing:
-No long-term commitment
-Lower monthly payments
-Longer manufacturing warranties
-No vehicle depreciation
-Ability to change vehicle over time
Benefits of Financing:
-Results in owning the vehicle
-Low interest rates
-No mileage restrictions
-Ability to customize the vehicle
-Ability to claim vehicle as an asset
Leasing gives you more choices to drive any Ford vehicle throughout the payment plan without ever being tied down to just one vehicle. With financing a vehicle, you get the freedom and ability to do whatever you’d like with the vehicle because it’s practically yours. Both have their benefits, all you have to do is find out which option is best for you.
Visit our finance department when you have questions regarding how you want to pay for your vehicle.