Comparison: Leasing vs Buying a New Ford

Lease or Buy? Motor Mile Ford Makes Either Choice a Breeze

At Motor Mile Ford, we have a long and storied history of leveraging our expertise to the benefit of our customers. Whether you're from right here in Christiansburg, VA or coming to us from nearby communities like Floyd or Salem, VA, our goal is to ensure you find the right means of transportation for your lifestyle. Of course, with our vast selection of new Ford models, that's only too easy to do.

But if you're considering a new Ford here at our dealership near Blacksburg, VA these days, it's not just about finding the right model and trim for your needs; it's also important to find the right financing fit your budget. And that means asking yourself the question, "Should I buy or lease?" Luckily, with our years of experience in serving drivers from all corners of Montgomery County, VA and extensive knowledge of Ford financing, we're only too well-equipped to help you answer that question here at Motor Mile Ford.

Discover Why So Many Drivers Love the Low Cost Benefits of Leasing a New Car!

If you're looking for a lower cost of entry to getting behind the wheel of a new Ford, you may just want to consider your leasing options. Leasing is a fantastic fit for drivers here in the greater Christiansburg, VA area who might not have the money to put down on a down payment and want to keep their monthly financing rates low. Typically Ford leases require low or no down payment, and often have lower monthly payment rates than comparable financing plans.

Now, with the competitive entry price point of leasing a new Ford, you'll find a lot of benefits to doing so, such as the opportunity to lease a more well-equipped model or trim than you could typically afford to purchase. In addition, Ford lease terms typically run from 24 to 48 months, which largely falls under the Ford New Vehicle Limited Warranty, so if any unexpected maintenance issues crop up, you'll find you're covered in most cases.

However, when you lease a new Ford, you're not actually paying to own the car, but rather paying for its depreciation in value over the term of lease. Lease terms typically mean agreeing to a mileage limit, and restrict excess wear and tear or customization of the vehicle. However, at the end of your Ford lease, if you love your car you can always buy it out for a price agreed upon at lease signing, or simply turn over the keys and lease a new car without the hassle of trying to sell it.

Explore the Open Road With a New Ford From Motor Mile Ford!

A lease may be a good option for local drivers, but if you're like many Montgomery County, VA shoppers, then you feel most at home on the open road. So, if you plan on driving long distanced that might exceed a Ford lease's mileage limit, you may want to consider buying your car outright.

Unlike a lease, when you choose to finance a car here at our Christiansburg, VA Ford dealership, you're paying for ownership of the vehicle you choose, and that comes with all the benefits and responsibilities you might expect. Sure, there will likely be a larger down payment expectation, and slightly higher monthly payment rates, but you'll be free to do with your car as you please. You can drive as much as you want, customize and modify your car to your heart's content with genuine OEM parts, or even sell it if you so choose and keep the profits of the sale.

Still Have Questions About the Process? Stop by Our Christiansburg, VA dealership to Talk Over Your Options With Our Team!

Regardless of which financing route you choose to embark upon, we're confident you'll find your options compelling here at Motor Mile Ford. So, if you need a little help, feel free to swing by our showroom to have a chat with our team, browse your new Ford financing and leasing options, and take advantage of the plan that best fits your lifestyle today!