Buying a Ford car can be a rewarding experience, but if you're interested in driving a new car every few years, there is a better option: leasing. Over the years, leasing has quickly become a popular alternative to purchasing a new car and its many benefits are to thank for its success. Take a look at a few of them below and then stop by Surprise Ford to learn more about our lease offers.
Leasing Can Be Cheaper than Purchasing
Leasing is almost always cheaper than buying a new Ford car. This is because a car loan is based off the full price of a car, while leasing is only based on a percentage of the car's price. When leasing, you pay the difference between the car's price and its expected residual value, which is a much lower payment. In fact, lease payments are generally 30-60 percent lower than purchase loan payments.
Gap Protection
Gap Protection acts as extra security for lessees in the event their leased Ford is stolen or considered a total loss. This plan may waive the difference between your insurance payoff and lease balance, saving you from having to pay for your outstanding lease. Ford is one of a few automakers to offer standard Gap Protection on all leased cars, trucks and SUVs.
Upgrade to a More Expensive Car
One of the top benefits of leasing is the ability to drive a nice car for less. Since leasing is often much cheaper than purchasing a car, most lessees can afford a more luxurious vehicle. Have your eye on the new Ford F-150? Take advantage of one of our lease offers and you'll be able to ride in style for less than half the price of a purchase loan.
New Car Warranty Included
Every new car in Surprise Ford's lineup comes with a new car warranty that lasts during the first few years of ownership. Make sure to obtain a lease term that coincides with the warranty in order to ensure many of your car's parts remain covered throughout your lease. This will save you from having to shell out extensive amounts of money in the event your car requires repairs.
Want to learn more about leasing? Contact us at Surprise Ford for further information about the benefits of leasing a new Ford car, truck or SUV.