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Car Lease vs. Auto Loan

Ford cars for sale and lease at Wood Motor Ford, Jane Missouri

Car Lease vs Buying A Car


Find The Right Option For You

A major part of the car-shopping experience is figuring out how you’re going to get the vehicle you’re interested in. Sure, it’s fun to explore different models and find the perfect configuration, and there’s no better place to do that than at Wood Motor Ford. However, you’ll have to decide whether you’re going to get a Ford lease or an auto loan, and that’s why our auto finance professionals are here to help.

When you visit our finance center, we’re more than ready to help you make the right choice for your budget. We’ve got tons of experience working with good credit, bad credit, poor credit and more. We’ve seen it all, so we’re well-equipped to give you the service you need. Don’t sit on your dreams; sit in your dream car with the help of our auto finance professionals today.

Car Lease Deals

If you opt for a car lease, you’re signing up for what is essentially a long-term rental. You’ll drive the vehicle for a few years, and then when your leasing contract is up, you’ll return it with a few options available. For one, you can simply return your vehicle and enter a new Ford lease agreement for one of our stellar new models. Another option you have available is to extend your lease, or if you’re interested in buying the car because you’ve fallen in love with it, you can do that too.

Monthly lease payments tend to be lower than monthly payments for a car loan. That’s because you’re paying for the depreciation of the vehicle over the time of the lease deal instead of the full price. Another benefit of this is that you’ll have lower sales tax, as only the leased amount of the vehicle will get taxed.

If you’re looking to lease a vehicle, work with our auto finance specialists today at Wood Motor Ford.

Car Loan Terms

While getting a car loan typically carries more cost on a monthly basis, it comes with certain freedoms that you can’t get with a car lease. For instance, there are no mileage limits, and you don’t have to worry about fixing excessive wear and tear right away. Additionally, when your loan terms are up and the loan amount is paid in full, you have complete ownership of the vehicle. You can drive without car payments or you can use the vehicle as a trade in.

When you get a Ford lease, you’re limited to just shopping among new Ford vehicles. While we have an excellent lineup of new Ford models, this isn’t a bad thing. With a car loan, however, you have full access to our entire inventory, including our used and Certified Pre-Owned models. Finding the perfect driving companion is easier than ever.

Discover the full benefits of buying a vehicle when you visit our auto finance center today.

Visit Our Ford Dealer

Whether you’re getting a car lease or a car loan, you can count on us to give you the information you need to make the best choice. Visit the auto finance center at Wood Motor Ford to start your shopping experience today.


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