Ford Leasing vs Financing 

Ford Leasing vs Financing 

Are you considering buying a new Ford, but can't decide whether to lease or finance? Look no further than Hamblock Ford's Finance Department to help you find the most suitable option for your individual needs and budget. Whether you prefer a long-term investment or the flexibility to switch things up every few years, we'll provide you with the perfect solution. Browse our extensive inventory of new Ford models, pre-owned vehicles,and New Offers on new Ford cars, trucks, and SUVs to take advantage of our lease deals.

Why Finance or Lease at Hamblock Ford?

At Hamblock Ford, we are dedicated to providing exceptional service to our customers and taking great pride in doing so. We will work with you to find the perfect financial plan for your budget and expectations. Our Finance Center has helped numerous customers with their leasing and financing needs. We have built strong relationships with various lenders, ensuring you receive the most competitive rates and favorable terms. And unlike competitors, Ford lets you lease a vehicle while retaining your option to return or buy. Ford's Red Carpet Lease provides unique benefits and features such as:

• Variety of popular terms, including our popular 24/36 month leases
• Seven mileage options to choose from
• Customize your vehicle at the time of purchase with approved accessories

 

Ford Leasing

Leasing a Ford could be an excellent choice for you if you prefer to drive a new car every two to three years. With a lease, you won't have to worry about the car's depreciation or maintenance costs. Unlike financing, where you need to make a higher down payment and pay more in monthly payments, leasing requires a lower upfront cost, and the monthly payments are based on the decreasing value of the car. Advantages and disadvantages of leasing a Ford include:

Ford Leasing Advantages 

• Lease payments cover the value of the vehicle's depreciation during the time of the lease, not the entire cost of the vehicle. 
• Lease payments are more affordable than financing.
• Down payments on leased vehicles are less than financing.
• Leases run for 24 to 48 months and are covered under the general warranty. 
• If you don't drive far or a lot, leases may be a great option.
• You have multiple end-of-lease options.

Ford Leasing Disadvantages 

• Your lease agreement will limit the number of miles you can drive, though you can pay an additional amount for more mileage.
• You're charged additional fees if the vehicle's condition is not up to standards when you return it. 
• Leases don't build the same credit and payoff advantages as financing.
• You cannot customize or alter your leased Ford.
Ford Lease end options

Ford Financing

If you want to own, customize, or drive long distances with your Ford, financing is a great option to consider. Although financing can be more expensive, it means that you will not have to make payments once your vehicle is fully paid off, which will save you money in the long run. If you've decided that financing is the best option for you, you can start the process from the comfort of your home by filling out our online credit application. Advantages and disadvantages of financing a Ford include: