Leasing a car and buying a car both have lots of benefits, and your local Ford dealership can facilitate either option. The leasing benefits are largely about cost savings and convenience, so it’s worth your while considering leasing before you dive in and get your next Ford vehicle.

1. Leasing Benefits the Busy

Leasing saves time in lots of ways. You don’t need to arrange financing before you get a vehicle, so there’s no shopping around for loans or waiting a couple of hours to hear back from the dealer after you apply for dealership financing. You also don’t have to spend time arranging a private sale when you want to move on from your car and get a new one.

Even trading in your vehicle may sometimes take a little more time than bringing back a leased vehicle and signing a new lease. After all, when you trade in a vehicle, you have to get it appraised and then negotiate a good price. There’s no time spent on appraisal or negotiations when you return a car you’ve been leasing.

2. Leasing Cuts Costs

Leasing cuts costs both up front and each month. Instead of paying a down payment, you’ll just pay a couple of fees and the first month’s lease payment. Depending on how big of a down payment you would have had to pay on your vehicle, you could save hundreds or thousands of dollars upfront.

Cars also usually cost less to lease than they do to buy. If your monthly budget is tight, or if you’d simply enjoy paying as little as possible for your car each month, then leasing could be a great option for you.

3. Leasing is Terrific for Tech Lovers

Technology evolves rapidly these days, and cars are coming out with better tech features each year. If you love having all the latest technology in your car, then leasing may be a good option for you because it lets you change cars frequently.

The average car lease lasts two to three years, and you can get a shorter one if you like. However, people keep cars for eight years on average after buying a vehicle, meaning you get access to the newest safety, entertainment, and convenience technology less frequently when you buy a car.

4. Leasing May Let You Drive Luxury

Ford vehicles are all wonderfully upscale, but the top trims of some models are downright luxurious. If the top trim of a Ford vehicle would’ve been out of your price range when buying a car, that may not be the case if you’re leasing one. Because leasing costs less than buying, you could get a car with more luxurious features than you’d be able to afford when buying a vehicle.

Are you looking to lease your next Ford? Come and see us at Columbiana Ford in Columbiana, OH.