Ford,Lease,Buy,That,the,Questi car Ford - Lease or Buy, That is the Question
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Have you been toying with the idea of leasing a Ford or buying one outright? If so, you will need to consider your options. That way you can make an informed decision that will better suit your needs. After all, this is one of the biggest budget decisions you'll ever make.There are many things that determine which option is better for you. How you want to use the vehicle, for how long and your driving habits, to name a few. Let's look at several differences between financing a Ford versus leasing one."Flexible terms" is an option whether you finance or lease a vehicle. Simply put, this means your loan or lease terms aren't cast in stone. There's room to wiggle within the loan or lease agreement. This especially comes in handy with a car loan if you want to decrease or increase your monthly payment.Another vast difference between buying or leasing is, "Whose car is it?" When you buy, it's yours - forever, or until you sell it. When you lease, it belongs to Ford. Many people lease for that very reason - they want the option of upgrading and driving a newer car every year. If this is you, then leasing is your better choice.When you buy a car outright, you have absolutely no mileage restrictions. You can drive that car to Timbuktu if you so desire. But when you lease a car, you don't have that luxury. Standard mileage limitations are between 10,000 to 19,000 miles per year. If you know you will exceed that limit, perhaps buying is better. Again, when leasing, you can upgrade your mileage as you close the gap on that limit, but you may pay a hefty fee for doing so.With buying, you can definitely build some equity, or the value of the car, each month as you "invest" your money in this form of personal property. With leasing, you will most likely be able to have a lower monthly payment and that might be just the ticket to stretch your budget.When you buy a car, you are the one who customizes it according to your tastes and desires. When leasing, you're a little more locked in to what is available on the lease lot. But, then again, with leasing a Ford, you have the chance to upgrade more often without having to worry about resale value. Finally, when you choose to buy a car, you can enjoy it without worrying about excessive wear and tear. You can drive it into the ground if you desire. With leasing, you need to be somewhat more careful in order to return it at the end of the lease for a trade-in and keep in good standing with your lease company.Whatever your reasons or needs, both buying or leasing a Ford has great advantages. In the end, you will be the one who decides which option is better for you.
Ford,Lease,Buy,That,the,Questi