Leasing vs. Buying a Car in York, SC
If you plan to keep your Ford vehicle for a while, buying will most likely benefit you. Our inventory includes a wide variety of new and used vehicles to choose from – cars, trucks and SUVs! But if you’d prefer to swap out your car every few years for the latest Ford model, we can help you find a lease you’ll love.
Read on to learn more about the benefits of leasing vs buying a car. And remember, our friendly, qualified staff is here to help!
Why Buy a New Ford?
There are plenty of benefits to choosing an auto loan vs. lease, including the following:
- Complete ownership
Your car is a valuable asset, whether you’re financing it or paying in cash. Once all your loan payments have been made, it’s yours!
- Freedom to customize
Once you’ve made your purchase, you are free to add accessories, make modifications, and personalize your ride to fit your lifestyle.
- No driving restrictions
Unlike a lease contract, a vehicle purchase means you don’t have to adhere to any mileage restrictions or pay any excess mileage penalties. You can drive your way, no matter where the road takes you!
- Future value
Because you own your Ford vehicle, you can sell it at any time. Or you can trade in and put your car’s value toward your new ride.
Why Lease a New Ford?
For some drivers, it’s much wiser to lease vs. purchase a car. Here’s how a lease might benefit your wallet:- Lower cost
Leasing a vehicle often means paying less upfront – and skipping the hefty down payment. Auto loans, on the other hand, typically require higher monthly payments and higher sales tax.
- Opportunity to upgrade more often
Because leases are temporary in nature, you’re free to choose a new model at the end of every lease term. That means you’ll enjoy the latest performance, tech, and safety features!
- Warranty coverage
Most leases are covered by the manufacturer’s new car warranty, and because of their lower mileage and lack of excessive wear and tear, they’re less likely to require costly repairs.
- End of lease options
Once your lease term is up, you can swap it for a new vehicle or purchase it (called a lease to loan). Some drivers fall in love with their lease and decide to keep it!
Should I Lease or Buy?
Still unsure whether you should lease or finance a car? The Burns Ford of York team can help! Our finance experts can answer any questions you have about leasing a car or financing one, so get in touch today!Remember, if you’re looking for lower upfront costs and the opportunity to drive a new car every few years, it might be smarter to lease vs. finance. But if you’re hoping to make an investment without any restrictions attached, buying is probably best.
Visit Burns Ford of York Today!
In addition to helping you decide between an auto loan and lease, our Finance Department offers a variety of online resources to aid your car search. Check out this convenient payment calculator or start the pre-approval process with our finance application.Ready to trade in and trade up? You can value your vehicle with our easy-to-use trade-in estimator tool! Plus, be sure to check out our active new specials for a Ford lease special or discount!
As locals’ trusted York Ford dealer, we are proud to serve drivers throughout the Carolinas, from Rock Hill, SC to Charlotte, NC! Your dream car awaits, so get to Burns Ford of York today!
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.
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 fees. ‡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.