Weighing the pros and cons of a final shopping decision here at Mills Ford of Willmar?
Our finance experts are happy to assist you in this process! Review the potential advantages and disadvantages of both options, aligning these factors with your personal considerations and the elements you value most.
Pros & Cons of Buying
Pro -
Outright ownership allows you to build equity in a vehicle
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Pro - Buying a new Ford model
means no mileage restrictions for limitless travel
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Pro - Purchasing a vehicle from
our new Ford lineup means freedom from customization restrictions with parts
and accessories
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Con - Financing typically
requires a down payment
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Con - Financing traditionally
requires higher monthly payments than leasing
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Con - Financing requires more of
a long-term commitment to one vehicle
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Pros & Cons of Leasing
Pro -
Leasing offers short-term flexibility with your automotive
investment
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Pro - Leasing allows you to
still operate a new Ford model
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Pro - Leasing typically requires
no down payment and lower monthly payments than buying
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Con - Leasing a new Ford model
comes with mileage restrictions
Con - Select fees such as
wear-and-tear may apply at the end of a lease agreement
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Con - Lease agreements restrict
the customization of a vehicle with parts and accessories
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Follow up with our Ford Finance Experts
Still not confident in your final buy versus lease decision? Our finance experts are readily available to discuss both options in greater detail and help you arrive at a selection confidently. Give us a call today and schedule a consultation to review these important points for necessary context that will help you finalize your choice and feel good about how you arrived at this conclusion!