Buying vs Leasing a Ford from Performance Ford Lincoln – Which is Better for You?

Aug 1, 2014

Performance Ford Lincoln

While the search for a new car, truck or SUV is always fun, there are also plenty of decisions to make once you have decided which is best for you. One of the decisions you might consider is buying vs leasing a Ford vehicle. Of course, it all comes down to your car buying dollars and how to best spend them. Performance Ford Lincoln invites customers from Monroe, Concord and Matthews, NC, and down in the Rock Hill, SC, region to come in to Performance Ford Lincoln in Charlotte and discover the best solution for them.

Positives and Negatives of Buying vs Leasing a Ford in Charlotte, North Carolina

There are two ways to go when you are making the big decision as to whether to buy or lease a vehicle, and both have their ups and downs. Whichever way you choose, you will get into the fine Ford truck, SUV or car that you want. Here are the positives and negatives of buying vs leasing a Ford.

Buying Pros:

• Pride of ownership
• No limitations of mileage
• Sell it anytime, or keep it forever

Buying Cons:

• Higher down payment and monthly payments
• Upkeep once the warranty expires
• Possible problems with selling or trading-in

Leasing Pros:

• Lower upfront cost
• Lower down payment
• Lower monthly payments
• New vehicle every 2 or 3 years
• Lower repair and upkeep costs
• No selling or trade-in at end of lease term

Leasing Cons:

• Possible charges for excessive wear and tear
• Limited available mileage
• Limits to modification possible

Making the Decision Between Buying vs Leasing a Ford at Performance Ford Lincoln

The choice boils down to your personal preferences, your lifestyle and your financial situation. If you like the idea of a new car every few years – and don’t have a problem with keeping within the confines of a leasing agreement – then leasing might be right for you. If you like the idea of outright ownership and all of the decision-making, including any modifications to your personal vehicle – and how long you keep it – then buying could be your best choice. Both have their high and low points and both are great options. The up- and down-sides of buying vs leasing a Ford require consideration of your available finances and the situation that best fits your style of living. At Performance Ford Lincoln, we have a complete inventory of Ford cars, SUVs and trucks from which to choose. We encourage customers from around Rock Hill, SC, and Monroe, Concord, Matthews and other cities in the North Carolina region to browse our inventory either online or in person, then come in to our dealership, located at 7601 South Blvd. In Charlotte, NC, and let our expert financing staff to help you make the important between buying vs leasing a Ford. We look forward to assisting you with either your lease or purchase of a new Ford vehicle soon.

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Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

Although, every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

Mark Ficken Ford

7601 South Blvd.,
Charlotte, NC 28273