Financing vs. Leasing: Which Should You Choose
Financing has the most significant benefits once you've made all the payments. As you make the payments on your car, you build equity, which means that you own more and more of it. Another advantage of financing is that, provided it's a new car, you will typically get the vehicle at a better interest rate. For those looking to build and improve their credit score, financing will have a bigger impact on it.
Now, let's look at the advantages of leasing a new Ford vehicle. Leasing has its advantages, such as being able to change cars every couple of years. Another advantage is that you will typically have lower monthly payments. You can also drive a new car with the latest technologies, and for those who run a business, you get tax benefits for driving a new car.
Applying Online
For those interested in financing their next Ford vehicle, we would invite you to apply online. It's incredibly convenient, and you can learn easily if you will be able to finance your next vehicle through us. We always do our best to work with customers who have good credit or challenged credit and help them finance their next vehicle, which means your chances of getting a vehicle through us are better.