Compare and Contrast Leasing and Buying in Franklin, MA
It's not rare that Woonsocket, RI area car shoppers stop by Franklin Ford to pick our brains about leasing or buying. Of course, both of these options are viable, but each is good for a different driver. Let's explore the key differences between leasing your new Ford and financing it, so you can get on with your adventures around Milford, MA, in the vehicle that suits your lifestyle perfectly.
Benefits of Leasing
Leasing is ideal for those that like to frequently update their Ford model to have all the latest safety, technology, and design features from the brand. Leasers also get their choice between lease terms, which allows them to drive a certain number of miles each year for a few years, it's typically two or three. Also, enjoy lower costs associated with your car than if you were to buy. These savings can be found in the deposit, monthly payments, and maintenance costs, as you'll be under warranty the whole time you drive your new Ford around Bellingham, MA.
Benefits of Financing
Financing is perfect for those North Attleboro drivers who love to own their vehicle for its whole life. By utilizing an auto loan, you can work towards paying off your vehicle, so you don't have to make a monthly car payment anymore. Those that take frequent road trips or have long commutes will also enjoy the absence of mileage limits, as you would have with a lease. Finally, when you own your car, you get to do whatever you want to it, which many drivers appreciate.