Whether you've already decided which new Ford vehicle you'd like to buy or are still considering your options, you may be wondering what type of financing opportunities are available to you. Here at Fred Beans Ford of Langhorne, we strive to help every Bristol, Levittown, and beyond driver find the right lease or loan for their preferences and budget. We'd love to review your many options and discuss the financing possibilities your new Ford model can provide.
Many of our Morrisville, Yardley, or Langhorne area drivers ask whether a lease or a loan would be right for them. The answer depends on your preferences and price range. Here are a few examples of the pros and cons of each financing option.
Leasing is a great choice for drivers that don't want a long-term commitment. Leases are typically found in three-year terms and offer lower monthly payments than loans. They also come with term expectations, such as mileage limits, wear and tear rules, and more, but the lease term lasts for the entire new car warranty, giving you no unexpected repair bills.
Financing is a great choice for drivers that want to own their vehicle. While loans can come with more expensive monthly payments at the beginning, a loan is a less expensive option over the long term. You also have no limitations but will have to take care of maintenance and repairs after the new car warranty expires.
Here at Fred Beans Ford of Langhorne, we're available to assist you with every lease or loan purchase. Feel free to contact us or use our many online shopping tools to get started from your Morrisville, Yardley, or beyond home.