Have you ever wondered how leasing benefits drivers when compared to buying a car? Let us enlighten you on a few of the great benefits you can expect when you lease a car at your local Ford dealership.
4 Leasing Benefits When Leasing a 2025 Car at Your Local Ford Dealership
1. The Process Can Be Easier
Buying a new car is a multi-step process. You have to sell or trade in your old car, arrange financing, and then pick your new car. When it’s time to upgrade, you have to go through the process all over again.
Once you’ve leased a car once, it’s easy to continue to lease with very little hassle. You never have to worry about selling your car when you’re finished with it, and you don’t have to go to different banks and credit unions to find a great car loan. Everything is done seamlessly through the dealership with very little effort involved.
2. The Cost Savings Can Be Amazing
It’s impossible to say that leasing is cheaper than buying 100 percent of the time, but it can definitely be more cost-effective sometimes. Car leases are often more affordable than car loan repayments, particularly when compared to shorter car loans, as you’re paying a lot less for your car than you would when buying it. You’re covering the cost of the vehicle’s depreciation throughout your lease rather than the full cost of the car plus interest.
You also don’t need a big down payment when leasing. There are some fees, but the combined cost of the fees and your first month’s lease payment is often lower than the cost of a 20 percent down payment, especially with higher-cost models.
3. The Car Is Always Newer
Leases last 24 to 36 months on average, so you’ll always be in a newer car. There are so many great benefits to this. First, cars typically remain under warranty throughout your lease; Ford’s warranty coverage for most things is five years or 60,000 miles, and the shortest warranty is the bumper-to-bumper warranty that lasts three years or 36,000 miles.
Second, newer cars are less problematic than older ones in most cases, meaning they break down less. This means less inconvenience and less money spent replacing worn-out parts.
4. The Technology Is Always Recent
One big benefit of driving a new car is all the latest technology in it. If Ford comes out with new innovative safety or infotainment technology, which they do frequently, then you’ll have access to it in no time if you get a new car every few years when you continuously lease instead of buy. This means you’ll always have the opportunity to be in the safest Ford possible with all the latest entertainment and convenience technology, too.
Do these benefits appeal to you? Pay a visit to Fernelius Ford in Cheboygan, MI, and talk to us about what you’re looking for in your next Ford vehicle.
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