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Differences Between Financing vs. Leasing a Ford

Find Out If Leasing Or Financing Is Right For You!

When it comes to getting behind the wheel of a new Ford truck, SUV or EV, you have two great options: finance or lease. Lookout Ford is here to help you understand the differences between buying vs. leasing a Ford, so you can make an informed decision that aligns with your driving needs and financial goals.

We'll go over the benefits of each option, help you review car payment plans and more. By ensuring you have a complete understanding of all your options, we ensure that you drive home in the new Ford vehicle you love feeling completely satisfied with your decision. Visit our Ford dealership near New Bern to get started!

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Benefits of Buying a Car Near New Bern

From vehicle ownership to freedom of mileage restrictions, there are a variety of reasons why deciding to finance a Ford F-150 or Bronco Sport is a great option for many. Top reasons to buy a new Ford vehicle instead of lease include:

  • No Mileage Restrictions: When you buy a Ford, you're free to explore New Bern and beyond without worrying about mileage limits.
  • Vehicle Ownership: Every car payment brings you closer to owning your Ford outright, allowing you to build equity over time.
  • Customization Freedom: Purchasing your car means you can customize your Ford without lease restrictions -- make it truly yours!
  • Cost Effective Long-Term: Over the long haul, owning a car can be more cost-effective, as you eventually eliminate the monthly payment.
  • Trade-In Value: Once your Ford is paid off, it's yours to sell or trade in at your discretion.

Reasons to Lease a Ford in NC

If you're interested in lower car payments or want the freedom to upgrade every few years, then leasing a Ford Bronco or Escape may be the better option for your lifestyle. Some of the key benefits of starting a new Ford lease include:

  • Lower Monthly Payments: Leasing often comes with lower monthly payments compared to buying, making it easier on your wallet.
  • Latest Features: Stay up to date with the newest technology and safety features by upgrading your Ford Explorer or Mustang every few years.
  • Warranty Coverage: Drive with peace of mind knowing that your leased vehicle is typically covered under factory warranty for the duration of the lease.
  • Tax Advantages: If you're using your Ford vehicle for business in New Bern, leasing may offer tax benefits (consult with a tax advisor).
  • Easy Trade-In Process: At the end of your lease term, simply return the vehicle to Lookout Ford and choose your next model -- no hassle with selling or trade-ins.
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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.