When you're considering purchasing a new vehicle, you'll have two main financing options from which you can choose: leasing and buying. While both options offer many benefits and advantages to your car buying experience, they also come with their own quirks along the way. We recommend exploring each option to discover which one best matches you, your personality, and your budget. Â
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Leasing is a great choice for Trenton and Feasterville area drivers who want the latest vehicles without any long-term commitment. Most leasing terms last for about three years, giving you the opportunity to upgrade to a new vehicle every few years. Leases also tend to be less expensive up front, with lower starting costs and monthly payments. Plus, because the term is so short, your leased vehicle will be covered by the new car warranty for most, if not all, of your leasing term. Make sure to keep within your lease's mileage limits and wear and tear terms to avoid any end-of-lease fees, and you'll enjoy driving around Newtown, PA, in your brand-new car.
Buying is a great choice for drivers who are looking to own their vehicle and have no limits. When you buy a new car, you'll most likely have a loan, which will be less expensive in the long run than a lease. Since you own your vehicle, you also don't have to worry about any mileage limits or other lease limitations. And, if you want to add an accessory to your truck or SUV, you can do so without breaking any lease terms.
If you'd like to discuss your lease and loan options, we recommend contacting our Fred Beans Ford of Newtown team. Don't forget to also check out our monthly specials and our online finance application.