Buying vs Leasing a Car

Buying vs Leasing a Car


Are you looking to get behind the wheel of a new Ford? At Obaugh Ford Inc., we make it easy to finance your dream car with our on-site finance center. Whether you're interested in buying or leasing a new Ford, our team is here to help you every step of the way. Keep reading to discover the benefits of both options and find out how you can drive home in a new Ford near Staunton, Stuarts Draft, or Waynesboro, Virginia.

Should I Lease or Buy a Car?

The Benefits of Buying a Car


First, in this guide to buying vs. leasing a car, let’s discuss a traditional purchase. This option ultimately works for people who want complete control of their ride.

  • Ownership: When you buy a car, you own it outright once you've paid off the loan. You can customize your vehicle and drive it as much as you want without worrying about mileage restrictions.
  • Equity: As you make payments on your car loan, you build equity in the vehicle. This means that you can sell or trade in the car in the future and use the equity towards a new vehicle.
  • Parts and Accessories: When you own the car, it’s yours to do with as you please! You can add genuine Ford parts or accessories to make your vehicle fit your life in every way.

Additionally, many customers have long dreamed of owning their own vehicle. We can help you apply for an auto loan if that sounds like you.

The Benefits of Leasing a Car


Next, in our guide to buying vs leasing a car, let’s discuss leasing and its perks. This option is optimal for people who love freedom and embrace change.

  • Lower Monthly Payments: Leasing often results in lower monthly payments compared to buying.
  • New Technology: Since lease terms are typically shorter, you can upgrade to a new model with the latest technology every few years.
  • Warranty Coverage: Most lease agreements include warranty coverage, so you can feel confident when it’s time for maintenance or repairs.

A Ford lease deal could be your ideal choice if you want to drive a new one every two to three years.

Buy or Lease a New Ford


Our dealership offers a wide range of new Ford vehicles for you to choose from. Whether you're looking for a versatile SUV like the Ford Escape or a rugged truck like the Ford F-150, we have something for everyone. Some of the Ford models we offer include:

  • Ford Edge
  • Ford Escape
  • Ford F-150
  • Ford Explorer
  • Ford Mustang

Ready to experience the thrill of driving a new Ford? Schedule a test drive today and discover why Ford continues to be a top choice for drivers.

Contact Us for More on Buying vs Leasing a Car


Whether you choose to buy or lease a new Ford, the finance experts at Obaugh Ford Inc. are here to assist you in finding the best financing options for your needs. Visit our finance center serving Staunton, Stuarts Draft, and Waynesboro, VA, to get started on your journey to owning or leasing a new Ford today.

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