Buying or Leasing a Ford

Lease or Buy Your Next Ford Vehicle?

When it's time for a new vehicle, one of the biggest decisions is whether to lease or buy. Both leasing and buying have their advantages, and the right choice for you depends on your individual needs, preferences, and budget. At Terry Henricks Ford in Archbold, OH, our team can help guide you through the options so you can decide whether leasing or buying a Ford vehicle is best for your situation.

Advantages of Leasing a Ford Vehicle

Leasing is a great choice if you enjoy driving a new vehicle every two to three years, want lower monthly payments, and don't mind the mileage limits and wear-and-tear guidelines that come with a lease.

Leasing a new Ford vehicle offers several attractive benefits, including:

  • Lower monthly payments compared to financing a purchase
  • Ability to get a new vehicle with the latest features and technology every few years
  • The vehicle is typically covered by warranty for the duration of the lease, meaning less spent on maintenance and repairs
  • Option to buy the vehicle at the end of the lease if you decide you want to keep it

Benefits of Buying/Financing a Ford Vehicle

Buying makes the most sense if you plan to keep your vehicle for many years, want to build equity and value the ability to drive your vehicle as much as you want without mileage penalties.

Purchasing a Ford vehicle, whether by paying in full or financing it, provides some key advantages:

  • You own the vehicle outright once it's paid off
  • No mileage restrictions like with a lease - drive as much as you want
  • Freedom to customize or modify the vehicle as you please
  • Can sell or trade in the vehicle whenever you choose

Shop with Us

At Terry Henricks Ford, our friendly and transparent sales process makes it easy to lease or buy your next Ford vehicle. Our team is always happy to answer your questions, crunch the numbers, and help you weigh your options so you can make a confident and informed decision. Stop by our Archbold, OH dealership today and let us help you get behind the wheel of your perfect Ford vehicle, whether you choose to lease or buy!

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