Why You Should Lease Your New Ford Car, Truck, or SUV in Philadelphia

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Looking to upgrade your ride in Philadelphia? Tired of your old beat up sedan that's costing you more than it's worth? Leasing is a smart option for the budget-conscious driver in Philadelphia and even presents a favorite affordable opportunity to get the high-tech features you want from your next car, for less.

Benefits and Considerations of Leasing

Leasing offers a unique opportunity for new car shoppers in the Philadelphia area. Unlike financing, leasing offers a lower monthly payment and the flexibility to get a new car, every few years. Some important things to consider before leasing:

Ready to get your lease started? We can help! Come see us at Springfield Ford and our team of financing experts can help get you behind the wheel of your new Ford car, truck, or SUV today, for the perfect price.

  • Your monthly cash flow and budget:Often times, your leased vehicle will have a lower monthly payment than if you were to finance the same one. With leasing you are only paying for the portion of the car you are using as well as depreciation, rather than the entire vehicles cost. This means if you need the extra cash each month, leasing is good option.
  • Available down payment and initial fees: Generally, leasing requires a lower down payment, allowing you to not have to spend your hard earned savings, just to get an affordable monthly payment option.
  • How many miles you drive in a year: If you drive frequently and like to put a lot of miles on your vehicle, then leasing might not be for you. Usually, you'll have a cap on miles you can drive your leased vehicle in a year, generally between 10 and 15 thousand miles. If you exceed this, there are extra fees and costs associated.
  • How long you want to keep your car: If you want to love your car for years to come, leasing might not be the right option. If you prefer to have a new car, with all the new technology, every few years, leasing makes it easy. You don't have to worry about the hassle of resale, just simple drop it off at the end of your lease term.

Ready to get your lease started? We can help! Come see us at Springfield Ford and our team of financing experts can help get you behind the wheel of your new Ford car, truck, or SUV today, for the perfect price.

Categories: Finance, New Inventory

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