Ford Leasing vs Financing

Getting the keys for your new car.

Ford Leasing vs Financing

Trying to decide whether leasing or financing is right for you? Find out the best option for you and your family with help from the Finance Department at Portage Ford CDJR. We are your go-to auto loan and car lease resource in the Portage, WI area. We're eager to provide financing for your new car, or we can assist in used car financing.

Shop and research all our latest new Ford models, pre-owned vehicle inventory, and certified pre-owned vehicles today to see what's waiting for you at Portage Ford CDJR. Be sure to also take the time to browse all our latest new Ford specials, pre-owned vehicle specials, manufacturer offers, and regional Incentives!

Ford Leasing

Leasing is a great option to keep up with all the latest stylings, technology, and performance offerings. Leasing a new Ford has never been easier, we offer short two to three-year terms, a low down payment, and low monthly payments! Plus, when you decide to lease, you don't have to worry about vehicle depreciation, reselling, or commit to a long-term payment plan.

Compared to competitors, Ford lets you lease a vehicle while retaining your option to return or buy. Lease payments are usually lower than similar term finance payments because you're only paying for the portion of the vehicle's value used during the lease term. Ford's Red Carpet Lease provides unique benefits and features:

  • Variety of popular terms, including our popular 24/36 month leases
  • Seven mileage options to choose from
  • Customize your vehicle at the time of purchase with approved accessories

Ford Leasing Benefits 

  • Lease payment covers only the vehicle depreciated value, not the entire purchase value. 
  • Lease payments cost less than if you were to finance.
  • Down payments on leased vehicles are less than financed.
  • Leases run for 24 to 48 months and are covered under the general warranty. 
  • If you don't drive far or a lot, leases may be a great option.
  • You have multiple end of lease options.

Ford Leasing Disadvantages 

  • You're only allowed limited mileage amounts, with the option to purchase extra.
  • You're charged for repairs if the vehicle isn't in good shape when you return it.
  • Leases don't build the same credit and payoff advantages of financing.
  • You cannot customize or alter your leased Ford.

Ford Lease End Options

Lease end options include turning in your leased car and leasing a new one, purchasing your vehicle for the amount agreed upon in your lease agreement, or simply returning your vehicle to a dealership. Lease return steps include:

  1. Scheduling an inspection
  2. Reviewing and making repairs
  3. Making a return appointment
  4. Complete a federal odometer/lease termination statement
  5. Pay any lease liability fees/charges
  6. Pay any additional charges

Ford Financing

Unlock the full Ford ownership experience when you decide to buy a new Ford, Enjoy all the benefits of adding a long-term asset and see all the freedoms that come with ownership. Perfect for anyone with a halfway decent credit score, financing lets you choose the terms and creditor that works best for you. If you plan on putting in a lot of miles on your Ford with road trips, carpools, or anything in between, financing doesn't limit or charge you for miles and lets you enjoy your ride to the fullest without fear of added damage or customization charges.

Ford Financing Benefits

  • You own and can sell or refinance your Ford
  • No mileage restrictions
  • You can customize and alter your Ford
  • No car payments once paid off
  • Multiple lender options to get the best rates

Financing Disadvantages 

  • Higher monthly payments
  • Higher down payment
  • Higher repair costs
  • Vehicle depreciation

Leasing vs Financing FAQ

  • Warranty coverage.
  • Latest technology and stylings.
  • Available loyalty incentive.
  • Can choose to purchase, switch, or walk away after the lease is up.
  • Mileage limitations.
  • No customizations.
  • Excessive wear and tear will also cost you.
  • Not an asset like financing.
  • Your buying an asset once paid off.
  • No mileage limitation.
  • Long-term savings.
  • Ability to sell.
  • Higher monthly payments.
  • Higher down payment.
  • Higher repair costs.
  • Vehicle depreciation.
  1. Lease a new Ford.
  2. Purchase a new Ford.
  3. Purchase your currently leased Ford.
  1. Scheduling your inspection.
  2. Review and make possible repairs.
  3. Make an appointment at a dealer.
  4. Complete a federal odometer/lease termination statement.
  5. Pay any lease liability fees/charges.
  6. Pay any additional charges.

Finance or Lease Today at Portage Ford

We look forward to finding the perfect option for your lifestyle and budget needs. Buy or lease with confidence, contact our Finance Center today to get started. Feel free to fill out our safe and secure credit estimator and apply for credit to unlock the best deals for your situation.
  1. Portage Ford

    3013 County Hwy CX
    Portage, WI 53901

    • Sales: (608) 742-7141
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  • Contact our Sales Department at: (608) 742-7141
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