“Should I buy or lease a car?” We hear that question asked often from Valdosta drivers who visit the Cook County Ford dealership. No matter if you’re a first-time car owner or a veteran, you might be faced with this fork in the road. There are many advantages to buying and leasing, but ultimately it depends on your driving needs and budget. Let the team in Adel help you sort out leasing vs. buying. Should you decide to buy or lease a car, check out our new vehicle specials ASAP!
Should you buy or lease a car? Leasing a vehicle involves signing an agreement to lease your car over a specific time. Leasing can come with several benefits that make it an attractive alternative and more flexible to traditional financing. With leasing you only pay off the depreciation of the vehicle during your loan term and is less expensive upfront. Some other benefits include:
When determining whether you should buy or lease a car, financing can also be advantageous to your car-buying situation. It’s certainly the more familiar option for Nashville drivers. When you apply for financing, you take out a loan that is expected to pay off the full value of the vehicle. Because of this, you’ll face a larger down payment, monthly payments, and overall more sales tax. However, in the long run, financing is more cost-effective and you have the option to sell your vehicle at any point, which you can’t do with leasing.
“Should I buy or lease a car?” Let this question be a thing of the past when you shop at Cook County Ford. You can also value your trade online to swap a new vehicle out for the Ford vehicle of your dreams.
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