Advantages of Leasing Your New Car from Bill Utter Ford

So you've settled on your need Ford - maybe it's the rugged, do-anything Ford-150 truck or the sporty, high-powered Ford Focus RS hatchback. In any case, the next question, of course, is, "How would you like to pay for that?" Unless you're paying cash (and good on you if you are!), you'll either have the choice of financing your vehicle or leasing it. While it's true that financing means you'll ultimately own it, by the time you're done paying for the car it will be a few years old, the factory warranty will be about to expire and when you're ready for your next car, you have to deal with selling or trading it in.

For these reasons and others, leasing is becoming an increasingly popular option these days. Let's take a look at the main reasons people opt for leasing.

  • Lower monthly payments and a low - or no - down payment. Your monthly lease payments are generally going to be lower than finance payments, because you're only paying for the vehicle's depreciation during the time you're leasing it, rather than for the whole cost the car. Furthermore, vehicles lease typically require only a low - and in many case, no - down payment, freeing up cash you might need for other purposes.
  • Minimal maintenance and/or repair expense. With most manufacturer warranties now lasting anywhere from three to five years and most leases running anywhere from two to five years, leasing a car means all regular maintenance and most major repairs, if they're required, any going to be covered by your warranty.
  • More car, more often. Since your monthly payments are lower with a lease, you can afford a more expensive car than if you were financing the vehicle. You're also going to be able to get into a new car more frequently, since leases today can be as short as 24-36 months.

Bill Utter Ford has great lease offers on a wide range of new Ford vehicles. We're located in Denton, TX, at 4901 South I-35 E., and we're also convenient to Lewisville, Frisco, Flower Mound and Roanoke. Our dealership is open Monday through Friday from 8:30 am to 8:00 pm and Saturday from 8:30 am to 7:00 pm. Stop by today, or give us a call at (940) 321-7400 to set up some time for test drive.

Categories: News, New Inventory, Finance
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