Lease vs Buy at Sexton Ford: What’s Right for You?

Deciding whether to lease or buy a Ford vehicle is an important choice that depends on your driving habits, budget, and lifestyle. At Sexton Ford in Moline, IL, we’re here to guide you through the decision-making process and help you find the best solution for your needs.

Leasing vs Buying a Ford: Key Differences

Our team of skilled technicians has the experience and training to handle all types of vehicles, from commercial trucks to hybrid and gas-powered sedans. Our services include:

• Leasing: You’re essentially renting the vehicle for a set period, typically 24 to 36 months. At the end of the lease term, you return the vehicle to the dealership.
• Buying: You own the vehicle outright after financing it, and you’re free to keep it for as long as you want once it’s paid off.

Each option offers its own set of advantages, and the right choice will depend on your needs and goals.

The Benefits of Leasing a Ford Vehicle

Leasing a Ford offers several advantages that may appeal to drivers who enjoy driving a new car every few years or want a lower monthly payment. Here’s what you can expect when you choose to lease:

Lower Monthly Payments

Leasing typically results in lower monthly payments compared to buying. This is because you’re only paying for the depreciation of the vehicle during the lease term, not the full purchase price.

Always Drive a New Car

Leasing allows you to drive a brand-new Ford every few years, without worrying about the long-term maintenance costs that come with owning a car. If you love driving the latest models and having access to the newest technology and features, leasing is a great option.

Warranty Coverage

Leases usually coincide with the manufacturer’s warranty period, meaning you may not need to worry about major repair costs. If something goes wrong with your Ford, it's likely covered by the warranty.

Flexibility at the End of the Lease

At the end of the lease, you can choose to return the car, lease a new one, or purchase the vehicle for its residual value. This flexibility allows you to adapt your driving preferences and needs over time.

The Benefits of Buying a Ford Vehicle

Buying a Ford offers a different set of benefits that may better suit those who want long-term ownership and fewer restrictions. Here’s why buying might be the right option for you:

Full Ownership and No Mileage Limits

When you buy a Ford, it’s yours to keep as long as you’d like. You’re free to drive as much as you want without worrying about mileage limits, which are common in leases.

Long-Term Value

Once you pay off your Ford, you’re no longer bound by monthly payments. From that point forward, you can enjoy the full value of your car. With proper care, your vehicle can continue to serve you for many years to come.

Customization

As the owner, you have the freedom to modify and customize your vehicle as you see fit. Whether you want to add a lift kit to your Ford Bronco or upgrade the stereo system in your Ford Mustang, owning gives you full control.

Build Equity

When you buy a Ford, you’re building equity in the vehicle. When it comes time to sell, trade, or upgrade, you can use the value of your vehicle toward your next purchase.

Choose Sexton Ford in Moline, IL

Whether you’ve decided to lease or buy, Sexton Ford is here to help. Stop by our dealership in Moline, IL, or schedule a test drive today to explore our extensive Ford inventory. If you’re ready to take the next step, our finance team can assist you in finding the best option for your budget.

We’re proud to serve Moline, Rock Island, Davenport, and the surrounding areas, offering personalized guidance and expert advice every step of the way.

Whether you lease or buy, maintaining your Ford is essential to keeping it in top condition. At Sexton Ford, our Service Department is dedicated to ensuring your Ford runs smoothly throughout its life.