Ford Shopping at Brainerd - The Buy vs. Lease Decision

Buying - Advantages & Disadvantages

• Advantage - Financing a vehicle leads to outright ownership once your auto loan is paid
 
• Advantage - Buying a new Ford model means freedom from mileage restrictions
 
• Advantage - Purchasing a new Ford truck, sedan or SUV provides the freedom to customize with genuine auto parts and accessories
 
• Disadvantage - A down payment is traditionally required to finance a Ford model
 
• Disadvantage - Average monthly payments for financing are typically higher than leasing
 
• Disadvantage - Financing means you will commit to one vehicle over a longer period

Leasing - Advantages & Disadvantages

• Advantage - Leasing is typically a more affordable option than buying
 
• Advantage - Leasing contracts are typically a few years for short-term flexibility
 
• Advantage - Leasing a new Ford model provides access to the latest brand designs and technology
 
• Disadvantage - Leasing contracts outline strict mileage limitations
 
• Disadvantage - Leasing contracts forbid customization using parts and accessories
 
• Disadvantage - Leasing a vehicle builds no equity with your payments

Schedule a Finance Consultation at Mills Ford of Brainerd