All American Ford of Paramus

Sales: Open Today! 9:00AM - 6:00PM
Service: Open Today! 8:00AM - 4:00PM

Leasing vs. Financing

Decide Between Leasing vs. Financing a New Ford

Not sure whether to finance or lease a new Ford? At our Ford dealership near Newark, we're here to clarify the differences between these two distinct paths. After reading through the following guide, you'll feel more confident about making the purchasing or leasing decision that best aligns with your needs.

View New Inventory
Ford F-150
Ford Explorer

Flexible Ford Leasing Near Newark, NJ

Opting for a Ford lease near Newark can be beneficial if you're someone captivated by the novelty of having a new car every two or three years. Leasing typically offers lower monthly payments than buying, making it a financially attractive path to accessing top-tier new Ford vehicles.

A lease usually sets a yearly mileage limit, typically between 10,000 to 15,000 miles -- for many NJ Ford fans, this is more than sufficient. However, for those who spend significant time behind the wheel, we suggest evaluating the additional per-mile costs that will be stipulated in the lease agreement. If you do expect to go over the limit, you may be best off financing a Ford instead.

Another perk of leasing is that you'll likely be covered for regular maintenance and repairs, ensuring your time on the road is worry-free. And when it's time to transition to a new model, it's easy -- there's no selling or trading in a car at all. Just sign a few forms, choose your next car and hit the road.

Embrace Ownership with Ford Financing Near Newark, NJ

Financing a Fordin Paramus might hold greater appeal than leasing if building equity in your vehicle is a priority for you, as your monthly payments will result in you owning your car outright. Once you've completed the loan tenure, no strings are attached, making it the perfect choice for those wanting unrestricted vehicle usage.

At our nearby Ford dealership, we offer a broad range of Ford financing specials and other sales promotions. Our professional finance team will walk you through tailoring loan terms to your needs.

Ford Bronco Sport

Contact Us