Should I Buy or Lease a Ford Near Youngstown?

If you're a Youngstown driver looking for a brand-new Ford, we have just what you're looking for. Now that you've found a dealership that carries your favorite Ford model, you need to decide if you want to buy or lease. Can't decide which one sounds best? Here is a quick rundown of their differences.

If you buy your Ford, you'll pay for its full value. You pay a down payment at first, then monthly payments until the vehicle is fully paid off. If you buy your Ford, you can modify it as you see fit, and you can drive it as much as you want. Ford reliability means that once you buy your Ford, it'll have your back for many more years down the line.

If you lease your Ford, you don't own it. Instead, you agree that you can drive it for a set amount of time (such as three years). It would hardly be fair to pay full price for a vehicle you'll only drive for a few years, so leasing means you pay a little less. Instead of paying for the full price, you only pay for its projected value depreciation over the course of your lease. Leasing is easier on your wallet than buying, with a lower down payment and lower monthly payments. However, since you don't own the vehicle, you can't modify it.

That's a brief explanation. For even more information, check out our buy vs lease page. You can also get in touch with our finance team for a more personal touch.

Categories: Finance

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