Buying vs. Leasing in Greer, SC
Buy vs. Lease in Greer, SC
If you’re in the market for a new Ford, you’re in the right place! D&D Motors is your local destination for brand-new Ford models, from the spacious, versatile Escape, Explorer and Expedition to the rugged F-150 and the fiery Mustang. Whether you’re a regular customer of ours or you’ve never shopped with us before, we can’t wait to help you find the right model for your needs. However, before you drive home in the Ford of your dreams, you have to decide whether you want to buy or lease your ride. Which is the better option for you? Both have their own pros and cons, and the best choice for you depends on your specific situation. Keep reading to learn about the benefits of buying and leasing, and if you still aren’t sure which one to pick once you’ve learned more, just contact the experts in our finance department and they’ll be happy to help!
Should I buy a new Ford?
If you’d like to customize your new Ford to your heart’s content, then buying is the way to go. You can go all in when you own your vehicle, personalizing it until it’s uniquely suited to your preferences. You’ll also have no mileage restrictions when you buy a new vehicle, as you would if you leased one. You can drive as many miles as you want, and you also won’t have to worry about paying fees for damage done to your Ford. It’s all yours! Buying is also ideal if you plan to use your vehicle for a long time, since you won’t be required to return your model at the end of a lease term. When you purchase your Ford, you’ll have the option to either pay off the car all at once or finance it, paying it off over time. Once you’re ready to part ways with your vehicle, you can either sell it or trade it in for a new model, which will give you a major discount on your next ride.
Should I lease a new Ford?
When you lease a vehicle, you have more flexibility than you would if you bought the model outright. You aren’t locked into a loan that must be paid off, and your lease will only last around two to three years. The amount of miles you can drive each year will be limited, and if you exceed this limit, you’ll be charged a fee — but if you expect to drive more than the allotted miles annually, you can add more miles at signing. You’ll also be charged for wear and tear and damage done to the vehicle, but if you’re generally a careful driver, you may not have to worry about these fees. Monthly lease payments are often lower than monthly loan payments, so leasing may be cheaper in the short term. One of the best parts of leasing is getting to upgrade to a new vehicle every few years. You’ll get to enjoy the latest technology, updated safety features and the benefits of a new vehicle warranty with every Ford you lease, and when your term is up, you can simply return it and start a new lease. Can’t bear to part with the model you leased? You can purchase it and drive home as the owner of a Ford you love.
Our sales team would love to help you find your next car, truck or SUV. For more information about buying and leasing a new Ford, please visit Ford.com. If you would like to learn more about our finance or lease process, don't hesitate to contact us or stop by our dealership at 13655 East Wade Hampton Blvd. Greer, SC 29651. D&D Motors welcomes customers from Greenville, Spartanburg and the Upstate.