Lease vs. Purchase

at Fox Ford of Cadillac

Make Your Choice with Ford Credit

The decision to finance or lease can depend on several factors, including how often you prefer to get a new vehicle and your driving habits. Determine which best fits you and your lifestyle.

Should I Buy or Lease?

The primary difference between buying and leasing a Ford is ownership. When you buy a car, it becomes your property to use and drive for as long as you wish. In contrast, leasing is similar to renting; the vehicle is not yours, must be returned to the owner after the lease period ends, and needs to be kept in good condition.

Buying a Ford

Finance a Vehicle - Make it yours

Vehicle financing can be the ultimate reward whether you're considering a new or Certified Pre-Owned Ford vehicle.

Financing also has unique benefits and features:

  • Variety of popular terms
  • No mileage limits or excess wear and use charges
  • Customize your vehicle at any time
  • Each payment helps build vehicle equity toward future trade-in

Consider BUYING if you:

  • Like to drive or have a long commute - no worry; buying means unlimited miles
  • Plan to have a large down payment
  • Want to customize - personalizing with aftermarket equipment is allowed
  • Expect to keep the vehicle for more than a few years
  • Want to own the vehicle free and clear - once all payments are made the vehicle is yours


Leasing a Ford



Lease a Vehicle - Retain your option to return or buy

Lease payments are usually lower than similar-term finance payments because you're only paying for the portion of the vehicle's value used during the lease term (and any associated lease charges).

Red Carpet Lease provides unique benefits and features:

  • Variety of popular terms, including our popular 24/36 month leases
  • Seven mileage options to choose from
  • Customize your vehicle at time of purchase with approved accessories

Consider LEASING if you:

  • Can anticipate annual mileage needs over the next few years - miles are limited
  • Keep your vehicle clean and in good working condition
  • Like having the 'latest and greatest' - leasing can mean a new car more frequently
  • Prefer to have a vehicle that is under warranty
  • Value the convenience of returning your vehicle at the end of the agreement

Contact

Fox Ford Cadillac

1450 North Mitchell Street
Directions Cadillac, MI 49601

  • Sales: 231-775-3448
  • Service: 231-775-3448
  • Parts: 231-775-3448

Make an Inquiry

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Hours

  • Monday Closed
  • Tuesday 9am-6pm
  • Wednesday 9am-6pm
  • Thursday 9am-6pm
  • Friday 9am-6pm
  • Saturday Closed
  • Sunday Closed