Now that you have found your dream vehicle, you need to decide how you are going get it. You have the choice between financing with a loan or leasing.
A loan is one way for you to purchase your choice vehicle, if you don’t have the cash for it. With a loan you have to pay the amount of the loan plus interest. The loan will eventually be paid off and you won’t owe anything on the vehicle.
A lease is only borrowing the amount the car will depreciate over the term of the lease. With a lease you will always have a monthly payment, but it will be low and you will always own the vehicle during its warranty periods.
The decision to go with a loan or a lease is a hard one. You need to make an informed decision based on your cash flow and where you want to be in the long-term. Come into West Coast Ford Lincoln and talk to us about which option is best for you.
West Coast Ford Lincoln