Leasing vs Buying a Ford
You’re excited to start shopping for a new Ford, and after poking around our site you’ll learn that you have two major options when it comes to financing: buying and leasing. What are the differences between them? How will your experience differ over the course of vehicle ownership? That’s what the team at Fremont Ford Riverton is here to explain.
If you’re thinking about financing a Ford in the Riverton, Fort Washakie, or Arapahoe, WY, areas, check out our quick guide about buying and leasing. We’ll walk you through the initial differences, and the differences over the course of ownership. Read on to learn more about leasing vs. buying a Ford.
What It’s Like to Buy Your Ford
This is the option for those who want to own their vehicle for the long haul. You’ll pick out the best Ford for you and your family’s needs and lifestyle, then meet with a member of our finance team. We’ll work with you and our network of banks and lenders to put together a payment plan that works for everyone.
Since you’ll own your vehicle, you’ll be able to customize your vehicle however you want or need, such as a new paint job or with mobility aids. You’ll also be able to sell or trade your vehicle on your own schedule, meaning you can swap from a sedan to an SUV when your family starts to outgrow your current vehicle.
What It’s Like to Lease Your Ford
This is the option for those that like to get behind the wheel of the latest model year every couple of years.
Leasing means that we’ll still own the vehicle, and you’ll be renting it from us with your monthly payments, rather than paying toward a loan for ownership. When you lease, you may be subject to mileage limits, but you may pay less every month and could skip a down payment altogether.
Your term length could be as short as two years, and when it is over, you’ll have a few options:
- Option One: You can set up a lease for the latest model year of the vehicle you’re currently driving.
- Option Two: You can redo the lease on your current vehicle for another term length.
- Option Three: You can set up a lease for a completely different vehicle.
- Option Four: You can set up a traditional auto loan for the remaining value and own your vehicle outright.
What to Do with Your Current Vehicle
Do you already have a plan for your current vehicle? Are you planning on using two cars? Or are you planning on getting rid of your current vehicle? You’ll have a few options here, too. You can sell your vehicle yourself privately, and field all the buyers' calls, meet the buyers, and handle everything yourself.
Or you can sell your current car to us. We’ll cut you a check and send you on your way, while we take care of the rest of the work.
However, if you’re planning on getting rid of your current car at the same time you’re buying your next one, your best value is to trade in your vehicle. We’ll take the value of your current vehicle and apply it to the down payment of your next one. If you’re curious about what that value is, you can use our Value Your Trade tool!
Learn More About Leasing vs Buying a Ford with Us
If you’re curious about leasing vs. buying a Ford, visit the team at Fremont Ford Riverton. If you’re in the Riverton, Fort Washakie, or Arapahoe, Wyoming, areas, we’ll walk you through your options and help you choose the right one for you.
Contact us about our financing options today!
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | 9:00AM - 5:00PM |
| Sunday | Closed |
| Monday | 7:30AM - 5:30PM |
| Tuesday | 7:30AM - 5:30PM |
| Wednesday | 7:30AM - 5:30PM |
| Thursday | 7:30AM - 5:30PM |
| Friday | 7:30AM - 5:30PM |
| Saturday | 9:00AM - 1:00PM |
| Sunday | Closed |
| Monday | 7:30AM - 5:30PM |
| Tuesday | 7:30AM - 5:30PM |
| Wednesday | 7:30AM - 5:30PM |
| Thursday | 8:00AM - 8:00PM |
| Friday | 7:30AM - 5:30PM |
| Saturday | 9:00AM - 1:00PM |
| Sunday | Closed |