Buying vs Leasing in Center Conway, NH
Buying vs. Leasing: Which Payment Option is Right for You in Center Conway, NH?
Are you in the market for a new vehicle to drive in Conway, NH? Then be sure to visit Macdonald Motors Ford and check out our new inventory. We carry plenty of exciting new Ford vehicles, one of which might be ideal for you. Once you know which vehicle you want, you can buy or lease it.
How Do Buying and Leasing Differ?
Buying a vehicle means paying the full price of the vehicle upfront before driving it home to Bridgton, ME. Most customers take out a loan to be able to cover the price of the vehicle. This process is called financing. When you finance a vehicle, you then pay back the loan over time with interest added.
When you lease a vehicle, you agree to pay a monthly fee to the dealership to be able to drive it. While the length of the lease can vary, the most common lease lasts 36 months. At the end of the lease, you can return the vehicle, trade it in for a new model to lease, or buy the vehicle.
The Benefits of Buying
When you buy a vehicle, you can make modifications to it. You don't have to worry about mileage limits as you drive around Wolfeboro either. The vehicle belongs to you, and once you pay off the loan it can be a valuable asset.
The Benefits of Leasing
Leasing is a great option for customers in North Conway who want a new car but who don't want to take out a loan. Leasing still provides the option to buy the vehicle at the end of the lease if you want. Leasing also gives you the chance to drive a brand-new Ford model with all the latest features every few years.
Learn More About Leasing and Financing Today
Do you want to learn more about buying and leasing a vehicle at Macdonald Motors Ford? Then don't hesitate to contact us today!
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