Lease or Buy?

How to Choose Between Leasing and Financing

Buying or leasing your next vehicle is not a decision that should be taken lightly. At Ford Île-Perrot, we are here to answer your questions if you are not sure which option is best for you and we can help you understand the main differences between each one. In the meantime, here's a look at each purchasing solution and its respective benefits.

Financing is generally preferable for buyers who want to keep their vehicle for a long time or travel more than 25,000 kilometres per year. It also helps prevent unforeseen rental costs at the end of the contract and you get to own your vehicle.

Leasing, on the other hand, is preferable for buyers who want to keep their monthly payments as low as possible or who want to change vehicles every three or four years. Plus, you'll enjoy continuous warranty protection for the duration of the contract.

Obviously, this is just a glimpse at the differences between the two options. We will be happy to help you learn more about these options and answer all your questions today at Ford Île-Perrot.

How to Choose Between Leasing and Financing

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