Brondes Ford Maumee

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Leasing at Toledo's Brondes Ford Lincoln in Maumee Oh.

Brondes Ford Lincoln Auto Leasing | New Car lease | Lease Specials | Toledo Oh Car Loan and Auto Lease

A few of the benefits of leasing a new car?

  • Lower monthly payments with low to no upfront down payment.
  • Drive the most up to date technology, safety features and design for less money.
  • Lower maintenance and repair costs because you are under the factory warranty.
  • You can often get into a new vehicle every two or three years.

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Is it better to lease a new car? Or is it better to purchase. Most people will tell you that buying a car is the way to go. And from a long term financial goal, it can be true. You'll have to make higher payments, pay off the loan in full and keep the car 6 to 10 years to recoup the funds. Leasing can be less expensive on a short term basis. The truth is each have their benefits. Whether it be a lease or a purchse, each has its own set of pros and cons.

If your'e the type of person that doesn't mind a higher payment and keeps their car until the proverbial wheels fall off. Purchasing is with out a doubt your choice. Generally after 5 years you will enjoy not have a car payment. If your'e the type of person that likes to update into a new vehicle with the latest technology, new looks, and 5 years seems like a lifetime in the same old car. And a lower monthly payment hits the spot. Then leasing is for you.

Since your situation is different than anyone and everyone else's, here are a few pros and cons of leasing versus buying. Keep in mind that every Brondes Ford Sales Conultant is here to assist you in gathering all of the information that you need in order to make an educated lease or purcase decision.

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Leasing Pros:

  • Lower monthly payments and drive a newer car for less. In most cases, two cars over the same time if you buy.
  • You  are generally under the vehicle's factory warranty during the term of the lease.
  • You can get into a new car every two or three years.
  • No trade-in hassles at the end of the lease.
  • You only pay sales tax on the monthly payment. Not the huge sales price.
  • You have the option to purchase the car own the car at the end of the lease.

Leasing Cons:

  • You don't own the car.
  • Your mileage is restricted. Typical lease agreement carry10,500, 12,000 and 15,000 miles a year. (you can purchase more miles).
  • You could face excessive wear-and-tear charges. Some or all may be covered by insurance.
  • Terminating a lease early can be expensive if your driving needs change.

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Buying Pros:

  • You can make changes to your car as you please. Custom wheels, add a sunroof etc....
  • If you keep the car for a 7 year plus period, you may save money over the long term.
  • Do you put a lot of miles on your car? Drive as much as you like. There is no excess mileage penalty here.
  • You can sell the car whenever you want.
  • You can use the car as a trade-in on the next car you buy.

Buying Cons:

  • You could pay a higher down payment to keep your payment in an affordable range.
  • Monthly car payments are higher than lease payments with the same money down.
  • You are responsible for all repair costs when the factory warranty expires.
  • Trade-in or selling hassles when you decide sell or trade.
  • Vehicles depreciates in value so it will take much longer to break even.

Summary

In comparison, leasing makes it easier to get more car for less money. This is because you only pay for the use of the car for the lease term, instead of paying for a vehicle over 5 to 7 years. Buying, on the other hand, frees you from the restrictions involved in leasing, such as mileage caps. The car is yours to do with as you wish.

Ultimately, it's up to you. You have to weigh the pros and cons to figure out what will work for you. That is why we are here. Our Brondes Ford and Brondes Lincoln teams of New vehicle, Lease Experts are here to assist you in making an educated decision that works best for you. We will give you the information to determine your needs and decide which choice best suits your lifestyle.

Leasing made easy at Brondes Ford Maumee and Brondes Lincoln Maumee. Toledo's Brondes Ford Lincoln Maumee Ltd. in Maumee Oh. 419.315.9096

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.