Advantages of Financing vs. Leasing a New Ford Near Stillwater, WI
When you're in the market for a new Ford, knowing your options can make all the difference. At Flagship Ford near Stillwater, you have a range of choices to consider. Whether it's taking home a Ford for the long term or enjoying different models every few years through leasing, we have you covered.
Stop by and see us at our Baldwin Ford dealer for a closer look at our inventory and learn whether buying vs. leasing a new Ford works best for you. Our team is here to help whether you're eyeing a new Escape or the latest Ford F-150.
What Are the Advantages of Buying a Ford?
Owning a new Ford in Wisconsin comes with several perks. All that’s required is that you pay off your car loan, and your dream Ford truck or SUV is all yours to keep, with no restrictions on how far you can drive it. While your monthly payments might be a bit higher than leasing, many find the advantage of building equity in their car worth it. And should you decide to sell, you can capitalize on your car’s trade-in value to help trade up more affordably.
And don’t forget the Ford Flex Buy program available here at our MI Ford dealer, which offers lower payments in the first three years -- an ideal option for local drivers if you expect your budget to grow over time.
Should I Lease a Car from Flagship Ford?
Leasing has its fans too, especially among drivers who love slipping into a new car every couple of years. It's a smart move for those who seek lower monthly costs, meaning you might be able to drive a nicer model with more bells and whistles than you would if you bought a new Ford Bronco and Edge SUV.
Leasing is convenient, too. You don't have to ever stress about selling your car -- instead, you can just trade it in for the latest model when your lease is done or choose one of our other Ford lease return options. Plus, as your car is usually under warranty during the entirety of the lease period, you don't have to worry about unexpected auto repair bills.
Can I Negotiate Lease Terms?
You bet! At Flagship Ford, we know one size doesn't fit all. That's why we're open to negotiating on things like lease length, down payment amount -- even how many miles you think you’ll drive. That way, your lease feels custom-made just for you. Want to learn more? Visit our Wisconsin dealer and our Ford financing team will be happy to walk you through our available lease options.
Calculate Your Lease Payments in WI
So how do we calculate lease payments? It starts with the price we agree upon, minus any down payment or trade-in value. The lease period also plays a role, as does the car’s predicted value when the lease is up. From there, we factor in depreciation costs, interest fees and any taxes before dividing everything up into monthly payments.
If you're curious about buying vs. leasing a car or want to learn more about our unique Ford Flex Buy option -- just contact Flagship Ford in Baldwin. We're eager to guide you through choosing your perfect car purchase option so that driving your new Ford is as effortless as turning the key in the ignition.
What Are the Benefits of Buying & Leasing?
| Leasing Benefits | Buying Benefits | |
|---|---|---|
| Ownership | Pay for use of your new car and upgrade to a new model once the lease reaches its maturity date | Pay for complete ownership of the vehicle and have its title in your name |
| Agreement Terms | Buy, upgrade, sell or return the vehicle | Vehicle is yours until you sell it |
| Mileage Limits | Mileage restrictions are determined by lease terms | No mileage restrictions |
| Down Payment | Usually comes with lower down payments and less money upfront | Normally comes with a higher down payment |
| Monthly Car Payments | Generally has lower monthly payments | Normally has higher monthly payments |
| Auto Maintenance | Required to service vehicle according to manufacturer recommendations | Responsible for repairs not covered in warranty |
| Customization | Customizations are not allowed | Customize your car to your liking |