Ford Leasing vs. Financing
Choosing between leasing and financing a vehicle can be a tough decision to make for buyers in Uvalde, Crystal City, and Del Rio. Either option has its own benefits and its downfalls. Purchasing a vehicle is very common; you take out a loan to pay for the price of the vehicle, and then make monthly payments to pay back the lender. Leasing a vehicle is basically a rental agreement where you still make monthly payments, but you never actually own the vehicle. You simply turn it in when the contract is up. This usually allows for lower monthly payments than most new car loans and it keeps you in a newer vehicle with the latest technology.
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Financing a Vehicle with Griffith Ford Uvalde
When financing a vehicle, you are purchasing the vehicle completely. You apply for a loan to cover the sales price and all accompanying charges, then you pay back the loan along with interest payments monthly. When all payments have been made, you own the vehicle outright.The greatest advantage to this is that you own something of value. You can now sell it and keep the cash or use it as a down payment on your next purchase. Another positive is you get the most value out of your vehicle. Many purchasers can drive the vehicle for years after the last payment is made. Replacing parts as they wear out may be costly, but still far less expensive than purchasing a new vehicle. Another benefit is the option to customize. After all, it’s your vehicle, so you can beef up the motor and add lights or graphics.
The biggest downfall to financing rather than leasing is the cost. Financing charges can be pretty steep, and once the warranty is up, you are the one paying for any repairs. The other downfall is the vehicle won’t be up to date on all the latest innovative technology and safety features as they become outdated quickly.
Which path you choose depends largely on your long-term expectations. If you enjoy driving the newest vehicle with up-to-date technology and safety features, then leasing may be your best option. If you are the type that wants to customize and squeeze every last mile out of your investment, then financing is the way to go. No matter which you decide, you can find the latest Ford models at Griffith Ford Uvalde, so stop in today.
Benefits of Leasing vs Buying a Ford from our Uvalde, TX Ford Dealership
| Benefits | Leasing | Buying |
| Ownership | x | |
| Lower Down Payment | x | |
| Lower Monthly Payment | x | |
| No Mileage Limit | x | |
| Vehicle Customization | x | |
| Easier Trade In | x |
Find a Ford Model to Lease
Uvalde | Hondo | Crystal City
At Griffith Ford Uvalde, we understand that a reliable Ford model is about more than just getting from A to B for our drivers. A Ford truck, for example, will get the work done. One of the most popular Ford vehicles on the road today, the Ford F-150, is only surpassed in power by other Ford models, such as the rugged and reliable Ford F-250 or Ford F-350. If you need a more family-friendly model instead, then consider testing driving the functional and reliable Ford Expedition. We also have excellent, efficient commuter models such as the Ford Escape available on the lot. No matter what you're looking for, you are guaranteed to find a leasing option for it. Get started in Uvalde, TX, today.
Choose the Right Ford Lease for You
At Griffith Ford Uvalde in Uvalde, TX, we firmly believe that every customer can and should leave our car lot behind the wheel of a new Ford truck, SUV, or car with confidence. Don't delay a trip to our Ford dealership any longer; meet with our trained, experienced, and friendly Ford team today to discuss a Ford lease or get pre-approved online.
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