Lease or Finance a New Ford Vehicle

When it comes time to get behind the wheel of a new Ford, one of the biggest decisions is whether to lease or finance your vehicle. Both options have several advantages, and the ideal choice depends on your specific needs and preferences. At Don Wood Ford, our knowledgeable team can walk you through the pros and cons of leasing versus financing to help you make an informed decision.

Leasing vs. Financing

Leasing a new Ford often means a lower monthly payment compared to financing. Lease terms are typically two to three years, allowing you to drive a new vehicle more frequently. Most leases also include warranty coverage, so you have less to worry about if a covered repair is needed.

When you finance a new Ford, the vehicle is yours once you've completed all the payments. Financing lets you build equity in the vehicle, and there are no mileage limits or wear and tear fees to be concerned about. Monthly finance payments are often higher than lease payments, but you have the freedom to customize or sell the vehicle at any time.

Contact Us to Learn More

Still unsure whether leasing or financing is right for you? Contact Don Wood Ford today to speak with our friendly, experienced sales staff. We'll take the time to understand your individual needs and help you explore your options.