Here at Mainer Ford, our primary goal is to get our shoppers the best possible deal with the vehicle that fits them and their driving needs the best. Part of that process is helping them determine whether it would suit them better to buy or lease their car. Since these encompass different methods of payment and financial situations, we'll go over the basics.
The easiest way to think of buying vs. leasing is owning a home versus renting one. In automotive terms, buyers can receive financing for their car, in which their responsible for the full MSRP plus interest. Leasing, on the other hand, only involves you to pay the residual value of the car that is lost over the leasing period. The latter option means lower costs, including maintenance, and being able to switch to a new vehicle when your lease expires.
If you have any lingering questions about buying vs. leasing, our new Ford lineup, or the services and specials offered by our Baytown, TX dealership, we'd be happy to hear from you. Our sales team is available by phone, email, or live chat during regular business hours.