Ford

1675 Dabney Drive
Directions Henderson, NC 27536

  • Sales: (877) 254-2257
  • Service: (877) 452-3822
  • Parts: (877) 200-9905

Buy vs Lease New Car | Henderson NC

Buy vs Lease in Henderson NC 

Shopping for a new car is exciting. Once you pick out the perfect new ride, you have to ask yourself some questions about your options for payment. Is leasing or financing the better option?

What exactly is the difference between the two?"

Or "What exactly is the difference between buying and leasing?"

At Advantage Ford, we know making that decision can be difficult. We want to aid you in the process. We've created an outline of the advantages of each payment option. Read below to get started, and feel free to contact our dealership with any questions.

Lease or Buy Your New Vehicle in Henderson, North Carolina

Start by asking yourself one question: is owning your vehicle important to you? If the answer is yes, you may want to consider buying your car.

If ownership isn't a priority for you, and trading in your car for newer models every few years sounds appealing, you may want to give more of your attention to the idea of leasing.

With either option, you will make monthly payments. If you choose to buy your car, these monthly payments will eventually result in your ownership (when you pay off the total cost of the car). If you choose to lease, just like when you live in a rental property, the car will eventually be returned to the lessor.

If you choose to purchase your vehicle, advantages include:

  • No mileage restrictions
  • Own the car forever at the completion of loan payments
  • Potential equity
  • Fewer up front costs
  • Ability to customize and modify vehicle

Buying your car also means you take on responsibility for it's condition and eventually its future resale value.

Some advantages of leasing are:

  • Lower monthly payments
  • Option of getting a new car every few years
  • The future resale value of the car is of no concern to you
  • Ability to end lease agreement early

Aside from these advantages, it's important to note that you may be restricted by customization options and mileage limits on leased vehicles.

Still not sure which payment plan is best for you? Visit Advantage Ford so that we can help you make a decision, and find you the perfect car while we're at it. Contact our dealership today at (877) 254-2257.

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Contact

Advantage Ford Lincoln Inc.

1675 Dabney Drive
Directions Henderson, NC 27536

  • Sales: (877) 254-2257
  • Service: (877) 452-3822
  • Parts: (877) 200-9905

Hours

  • Monday 8:30am-7:00pm
  • Tuesday 8:30am-7:00pm
  • Wednesday 8:30am-7:00pm
  • Thursday 8:30am-7:00pm
  • Friday 8:30am-6:00pm
  • Saturday 9:00am-5:00pm
  • Sunday Closed
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