What's Better for Me, Lease or Purchase?
Personal honesty regarding your future financial goals and present circumstances is required when in the market for a new Ford or used car. Once you've settled on this, either a lease or purchase becomes tailored to your situation. Here, there is no favored Lawrence Hall Ford outcome, but only affording the client amply opportunity to acquire Ford Motor Company excellence.
Leasing
Monthly lease payments are less expensive, considering you don't own the vehicle. And, leasing doesn't require a down payment. Indeed there are fees, taxes and a security deposit involved, but these collectively pale in comparison to a purchase down payment. As well, lease agreements almost always have end-of-lease benefits comprising:
- Relinquish the lease, and walk away.
- Purchase the leased vehicle given its worn-in appeal.
- Or, turn in the leased vehicle, and search Lawrence Hall Ford's vast Ford inventory to lease another Ford anew. Think of this option as always having a new Ford vehicle to drive every three years.
Lawrence Hall Ford also promotes lease specials on certain Ford vehicles. These provide terms and conditions even more enticing.
Purchasing
When financing to purchase, the lending firm will require a down payment unless your credit is stellar. Though a large down payment or the value of a trade will lower your monthly payment.
Once you take delivery and begin the financing process, regular maintenance and servicing is required. Remember, it will be your vehicle once paid off. Take care of it and its resale or trade value will reflect your efforts.
Whatever option you choose, leasing or financing ensures your needs and challenges are met. At Lawrence Hall Ford, our finance associates take all factors into consideration when counseling clients. Though, the choice ultimately rests with you.
Online Finance Tools for Your Convenience
Lawrence Hall Ford has instituted several online finance tools, the purpose of which is to instill consumer confidence throughout. A well-prepared client is a pleasurable experience for all involved. And you're encouraged to utilize all the following:
The Online Ford Credit Application
Several, easy-to-negotiate steps encompass the online Ford Credit application process. Simply enter information as to Ford vehicle choice, finance and application type and down payment amount, and another step follows.
Next, enter contact information and Social Security Number (SSN), joined by a form asking for residential details, and employment status and income details. Upon submittal, a Lawrence Hall Ford finance professional will reach out with next steps toward Ford vehicle acquisition -- no matter where you fall on the credit spectrum.
Black Book® Value Your Trade Portal
Three steps will confirm in just 20-seconds the value of your present vehicle to trade. Supply vehicle details and personal information, and you have the value of your trade to use against a Ford vehicle asking price. It's that simple.
At Lawrence Hall Ford Near Snyder, Clientele Occupy the Driver's Seat
Our commitment is to provide all the necessary counsel and online tools for a streamlined, hassle-free approach to buying or leasing a new or used Ford vehicle.
Visit our local Sweetwater area dealership today for more information.
