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Lease vs Buy

2019 Ford EdgeShopping for a new car in Lewisville, Denton, and Grapevine is a great time, and it’s a time that’s filled with a lot of questions. One of the biggest questions is whether you should buy or lease.

Here at Sam Pack’s Five Star Ford Lewisville, we want to make your new car search easier. To do that, we’ve provided you with this lease vs. buy guide. It will explore the benefits of both, so you can decide the best option for you.

Leasing Benefits

Leasing BenefitsWhen you decide to lease a vehicle, you are going to make monthly payments to use the car. Then, when your lease is up, you simply return the car to the dealer and begin the search for your next new ride.

Another one of the benefits of leasing your new vehicle can be having lower payments. Most leases may need a small down payment, and some won’t require one at all. Furthermore, since you are only paying for the value of the vehicle while you’re using it, your monthly payments may be lower, too!

One more great perk to leasing your new vehicle is having the ability to upgrade to a newer model when your lease is up. This means you’ll always have the newest technology, the most up-to-date engine, and the safety features that people are talking about.

If you’re looking to update every few years, so you can show off the industry’s latest advances, leasing is the way to go.

Buying Benefits

Buying BenefitsWhen you buy your vehicle, you will either purchase it outright, or you will take out a loan. If you take out a loan, then you’ll make one down payment when you first get the car. Then, you will make regular monthly payments until the loan is paid off.

Leasing may sound great but buying also has its own exclusive benefits. When you finance your vehicle, you won’t be making payments forever. Once you make the final payment, the car is yours to keep.

There are also no restrictions when you buy a new car. You can drive it as far as you like, you can get it maintained whenever you like, and you can customize it however you see fit. So, feel free to take that road trip and get that premium sound system installed.

If you’ve found a car that truly speaks to you and the lifestyle you lead, you may want to make a long-term commitment to that vehicle. In that case, buying is the right choice for you.

Lease vs Buy: It’s Time to Decide

If you’re shopping for a new vehicle in Lewisville, Denton, and Grapevine, then we hope this guide to leasing vs. buying has helped you decide which one is best for you.

If you still have some questions, stop by Sam Pack’s Five Star Ford Lewisville. Our team will be happy to answer all of your questions, so you can be confident that you’ve made the right decision.