Here at Front Royal Ford, our goal is to help you find the right vehicle that fits all of your needs. Within our new Ford lineup, there's lots of options and you have the ability to buy or lease them and get out and enjoy your Ford on the road. What many people wonder is what's the difference between buying and leasing and we're here to tell you.

No matter which way you choose to go, our finance and lease team is here to ensure you get a quality rate and a payment plan that makes sense for you. To start, a lease is when you decide to pay a set amount over set terms. That monthly payment continues until the terms, anywhere from two to four years depending on what you decide is up. You have to adhere to general mileage and wear and use guidelines, and most drivers are able to as the driving equates to about 10,000 miles per year, and as long as you're taking good care of your vehicle from its exterior to the maintenance and service, most of which is covered in the new vehicle warranty on any new Ford, you'll be all set. Leasing makes sense for people who want a standout new vehicle, and flexibility. After the lease terms are done, you bring it back to us and can enter a lease of a brand new vehicle, or if you like the vehicle enough, you can buy it at its remaining value. You can also decide to go in a different direction.

With buying, you're taking a down payment, trade in if you have one and an auto loan to get a rate and monthly payment on a new Ford. You'll make those payments until the auto loan is completed, and when it is, you fully own the vehicle and have no more payments to make. For people who think long term and know they're going to be driving a vehicle for a long time, buying is certainly an option to think about. You won't have any mileage or wear and use guidelines as you can customize the vehicle the way you want it.

To learn more about buying or leasing, come in and see us at Front Royal Ford and we'd be happy to help you today.

Categories: Finance, New Inventory