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
Pro – Buying a new Ford model means no mileage restrictions for limitless travel
Pro – Purchasing a vehicle from our new Ford lineup means freedom from customization restrictions with parts and accessories
Con – Financing typically requires a down payment
Con – Financing traditionally requires higher monthly payments than leasing
Con – Financing requires more of a long-term commitment to one vehicle
Pros & Cons of Leasing
Pro – Leasing offers short-term flexibility with your automotive investment
Pro – Leasing allows you to still operate a new Ford model
Pro – Leasing typically requires no down payment and lower monthly payments than buying
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
Con – Lease agreements restrict the customization of a vehicle with parts and accessories
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!
