Purchasing a vehicle is typically the 2nd biggest purchase someone will make, which is why we here at Bill Colwell Ford want you to make the best decision that's right for you. It's important to remember that what's right for you may not be right for your neighbor down the street, or even a relative. So when considering buying versus leasing a new Ford in the Hudson, IA area there are many factors to consider.
Bill Cowell Ford Values of Leasing
Lower Payment is NOT the Only Reason
1. No risk of vehicle resale value(one pay lease available for cash buyers)
2. More vehicle for the money
3. Shorter term-paid up contract
5. Buy excess miles for less
6. No risk of diminished value from an accident
7. GAP protection included
8. Frees up credit - less affect on credit
9. No trade in value hassles
10. Liquidity (invest your savings in appreciating assets)
11. Tax advantage for business
12. Lower out of pocket maintenance expense
13. Full ownership options
14. WearCare virtually eliminates excess wear and tear charges, including tires
15. Adapts with your lifestyle changes
16. Helps avoid negative equity
10. Liquidity (invest your savings in appreciating assets)
11. Tax advantage for business
12. Lower out of pocket maintenance expense
13. Full ownership options
14. WearCare virtually eliminates excess wear and tear charges, including tires
15. Adapts with your lifestyle changes
16. Helps avoid negative equity
More Leasing Information
Benefits
You only pay for the portion of the vehicle that you are "using up" or the term in which you have the vehicle AND you only pay taxes on that portion, meaning your payment can be less than with a standard loan.
Because the standard lease is 24 months, you will be under factory warranty for the entire term, give you don't exceed 36,000 miles, and should have no need to replace things like tires or brake pads
You can get WearCare with your lease that will cover dents, scratches, and other excessive wear that your vehicle incurs.
At the end of two years you'll get the choice: Keep the car your love or walk away owing nothing!
Things to think about:
Miles: Do you drive more than the average person? You'll want to make sure you discuss this with your Sales Representative. You can buy more miles up front, saving you from overage charges later that might be more cost effective.
Ownership: Are you someone that likes to keep your vehicle long term? Or do you typically want a new vehicle before you're done paying off your loan?
Customization: Do you like to alter your vehicle like adding speakers or a lift kit?
Your Options: You can have your Sales Representative discuss both leasing and buying options to help you decide which fits your needs better!
You can also check out a few videos below about why some of our employees lease. Scroll down and check out some of our current lease offers below and if you have any questions feel free to fill out the form below and one of our qualified Sales Representatives here at our Ford dealer near Cedar Falls, IA will get a hold of you!
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Bill Colwell Ford
238 Waterloo Road
Hudson, IA 50643
- Sales: 319-600-7345
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