Buying or Leasing a Ford in Pittsburgh, PA
Advantages of financing a new Ford
Perhaps the biggest benefit of financing a new Ford vehicle is that once you’ve made all your payments, it’s yours. That means you’ll own your Ford Escape, Bronco Sport, or Ranger free and clear and can take advantage of all the equity you have in your vehicle.
Since you’re paying for the entire value of the vehicle over time, your monthly payments may be more than they would be if you were leasing, and you’ll want to have enough saved up to make a down payment of at least 20%. But you can mitigate that by opting for a high-quality used vehicle or a Ford Blue Advantage certified pre-owned.
Because the goal of financing is ownership, you’ll have a bit more freedom with the Ford than you would through leasing. For example, you can drive it as many miles as you want and make aftermarket modifications, and you won’t have to worry about wear and tear fees. Plus, you can sell your vehicle or trade it in whenever you want and put the value toward a newer Ford.
Shults Ford wants to make financing as convenient as possible, and that’s why we’ll work with local financial institutions to provide you with the best rates and payment plans available. You can determine your down payment and set a term with monthly payments that work for you. And if you work through Ford Credit, you’ll be able to easily manage your plan through the FordPass™ app.
When you come to Shults Ford, the one thing you won’t find is a lack of options. And that includes what you do when it comes time to decide whether you want to buy or lease your next new Maverick, F-150, or Bronco.
We make the financial side of your shopping experience easier no matter which direction you go. But what if you’re still deciding on the right course of action? By understanding the benefits of buying and leasing your next Ford, you can be sure to make the best choice all around when you pay a visit to the No. 1 Ford dealer in Pittsburgh and Pennsylvania.
Richard Bazzy's Shults Ford Inventory
Advantages of financing a new Ford
Perhaps the biggest benefit of financing a new Ford vehicle is that once you’ve made all your payments, it’s yours. That means you’ll own your Ford Escape, Bronco Sport, or Ranger free and clear and can take advantage of all the equity you have in your vehicle.
Since you’re paying for the entire value of the vehicle over time, your monthly payments may be more than they would be if you were leasing, and you’ll want to have enough saved up to make a down payment of at least 20%. But you can mitigate that by opting for a high-quality used vehicle or a Ford Blue Advantage certified pre-owned.
Because the goal of financing is ownership, you’ll have a bit more freedom with the Ford than you would through leasing. For example, you can drive it as many miles as you want and make aftermarket modifications, and you won’t have to worry about wear and tear fees. Plus, you can sell your vehicle or trade it in whenever you want and put the value toward a newer Ford.
Shults Ford wants to make financing as convenient as possible, and that’s why we’ll work with local financial institutions to provide you with the best rates and payment plans available. You can determine your down payment and set a term with monthly payments that work for you. And if you work through Ford Credit, you’ll be able to easily manage your plan through the FordPass™ app.
Advantages of leasing a new Ford
Leasing a new Ford truck or SUV is a great choice if you don’t want a longer-term commitment. Leases tend to offer shorter terms than financing — usually no more than 48 months — because you’re essentially just paying to use the vehicle for that period of time. That also means you’ll only be able to drive a set amount of miles per year and will have to pay overage fees if you exceed that threshold. But with a Red Carpet Lease through Ford Credit, you can set as many or as few miles as you’d like.
At the end of your lease, you’ll have multiple options as far as what you can do next. If you fell in love with Ford Explorer or Mustang, you can finance the remaining value of the vehicle and make it yours. Or you could just as simply hand over the keys and walk away. But perhaps the most popular choice is to move on to a new Ford vehicle and start a fresh lease or financing agreement. This is a great option if you think you may want to upgrade to an electric vehicle but aren’t quite ready to make the leap, or if you’re planning to start a family.
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