Without a doubt, one of the most asked questions here at Kearny Pearson Ford involves whether leasing or buying a vehicle is a better option. Of course, as is true with most of the important questions in life, there is no straight answer that we can give you. Instead, the answer depends on a number of different factors. If this question is bugging you, then the helpful team at our Finance Center can help you decide what is the right option for you. In addition to selling a wide array of both new and pre-owned Ford vehicles, our San Diego Ford dealership also helps people make the correct automotive financing choices.
When You Should Lease
For a lot of people at our San Diego Ford dealership, leasing will be the correct financing choice. The main reasons for leasing are threefold. First of all, if you are looking to save money in the present, leasing is the choice for you, because it often requires lower down payments and lower monthly payments than purchasing, due to the fact that you are only paying for the depreciation of the vehicle. Next up, leasing is the right decision if you get that new car itch every few years. Leasing means that you will get to trade in your leased car at the end of your multi-year contract and choose one of the newer models at our dealership. Related to this, you won't have to deal with any of the hassle that often comes with buying and selling cars, as you simply need to bring in your car at the end of your term and we'll take car of the rest.
When You Should Buy
If leasing doesn't sound like it is right for you, then you should be looking into buying instead. The biggest advantage of buying is that you know that your monthly payments are building toward something – ownership. Whereas monthly payments on a lease can be seen an analogous to monthly rent checks, as you are essentially renting the car without a chance to own it. Ownership also gives drivers more flexibility if they decide they don't want the car anymore. When you actually own the car, it is a lot easier to sell than it is if you are leasing. Another situation in which buying is advantageous is if you drive more than 15,000 miles in a year. A common term under many leases is that you get charged extra if you drive over a certain amount of miles every year.
Financing a Ford Vehicle in San Diego
Now that you have a better idea of whether leasing or buying is the correct choice for you, we can help get the car-buying process started here at our Finance Center. But if you're still not sure which option to choose, we can help you make the right choice. The finance team at our San Diego Ford dealership's finance department is experienced, friendly, and easy to work with, thanks to our simple application process. If you're ready to get the ball rolling, you can get pre-approved online simply by filling out our online application with your contact and vehicle information.
We know that buying a vehicle can be somewhat stressful due to the numerous finance options available to you. However, the decision whether to buy or lease a car isn't as complicated as many people make it out to be. And it's made even easier by the friendly and experienced folks at our finance department, who care about getting you into the car of your dreams with no hassle or stress. If you're ready to see everything we have to offer, stop on by our 7303 Clairemont Mesa Boulevard Ford dealership today!