Do you like the idea of paying less to drive a superior car with routine maintenance costs covered by a robust warranty? Then leasing might be for you. After leasing a car for two or three years, you often have the option to buy the car; alternatively, you can simply return it and lease a newer model. If this sounds attractive, read on to learn the many excellent leasing benefits to be found at your local Ford dealership.
Save Money on Maintenance Costs
When leasing, you typically take possession of the car for its first two or three years, during which period the car is usually covered by a limited warranty. This means that your oil changes, tire rotations, and other routine maintenance are often fully covered. Even certain repairs from expected wear and tear will be paid for.
Save Money on Monthly Payments
At the start of the lease, a prediction is made regarding how much value the car will lose during the two or three years of the lease term. You then only need to pay for this depreciation, plus fees to the dealership or leasing company. The monthly lease payments are usually significantly less than monthly loan repayments, where you’ve bought the vehicle outright and need to pay off the car’s full value.
Save Money on the Initial Down Payment
It gets even better when it comes to cost savings with leasing arrangements. You’re also likely to save money on the down payment, which is usually much less than that of an ordinary car loan. On occasion, you can lease a car without any down payment at all.
Hassle-Free Upgrades Every Two or Three Years
When the lease term comes to a close, you may have the option to buy the car. Some drivers fall in love with their leased Ford and can’t bear to part with it. However, you can also return it, instantly freeing up your finances to lease another vehicle. Drivers who enjoy this kind of flexibility often opt to lease rather than buy.
Enjoy the Latest Vehicles and Technology
When leasing, you can also trade in your car very easily for your pick of the latest models every few years. This means you’re always driving with the very newest driver assistance and comfort features. As the years pass, you can try out all kinds of different vehicles. This kind of variety is harder to manage when you’re buying each car and need to sell before trading up.
Learn More Leasing Benefits at Your Local Ford Dealership
There are many more appealing aspects and nuances to leasing a car. Pay us a visit any time you like; we’ll be happy to talk you through all of your options in a no-pressure, hassle-free environment. Visit Anderson & Koch Ford Inc in North Branch, MN, today to lease a fantastic new 2025 Ford.