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Lease vs. Loan in Alpharetta, GA

Lease vs. Loan

Lease vs. Loan in Alpharetta, GA

If you're stuck between whether to lease or finance your next vehicle, you're not alone. A decision this big that impacts your finances for a few years should be taken seriously. That's why the team here at Angela Krause Ford wants to help. Take a look at the questions below and consider your unique situation before signing any paperwork in our finance office. Whether you want to commit to a new sedan, SUV or pickup truck, we're happy to assist you in selecting the best financial plan for your needs! Now, let's get you behind the wheel of your new Ford today.

Is Leasing Right for Me?

Leasing is typically a better option for drivers who want to enjoy the latest features and conveniences of a new car every few years. With a lease, you'll also notice that little to no money is required as a down payment and monthly payments are often lower than a loan (depending on the model and offer). Once your lease terms have expired, you can easily return your vehicle to the dealership and upgrade to a newer model that same day. If you like the idea of driving the latest and greatest new Ford models under warranty with relatively less maintenance and monthly costs, leasing might be right for you.

Is Purchasing Right for Me?

Purchasing your new Ford comes with many benefits as well. Each monthly payment accrues equity, so if you'd like to sell your model before your loan is paid off, most likely you'll have more equity than what you started with. Think of your auto loan as an investment — once it's paid off, you own the vehicle and that equity is yours to keep (unlike a lease). You can continue to drive your Ford, sell it or trade it for another. Either way, owning a vehicle is a great option for those who want to keep their vehicle for an extended period of time and desire complete freedom from lenders and dealers.

If you have any questions or would like to know more, contact us today or stop by our dealership at 1575 Mansell Road, Alpharetta, GA 30009 . We look forward to serving our customers near Sandy Springs, Cumming, Gwinnett and Duluth.