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Ford Auto Lease vs. Auto Loan in Slidell, LA, Serving New Orleans, Metairie, & Chalmette

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Ford Auto Lease vs. Auto Loan in Slidell, LA, Serving New Orleans, Metairie, & Chalmette

Trying to decide between taking out an auto loan or signing for an auto lease, Supreme Ford in Slidell, LA - serving New Orleans, Metairie, and Chalmette - has plenty of helpful information when it comes to buying vs. leasing. We want to help you determine the right choice for your lifestyle, so we've listed the common benefits and restrictions of each option below. You can take a look at the differences, and then call us to set up an appointment to discuss your final decision.

Leasing a new Ford vehicle is right for you if:

  • You keep your mileage low throughout the year. When leasing a new Ford, you're given mileage restrictions. Going over the allotted mileage on your lease results in extra charges.
  • You want lower auto payments. A lease usually has lower monthly payments because you're only paying for the time you actually use the vehicle.
  • You appreciate the changing technology and want to experience the latest features. Lease terms are much shorter than auto loan terms, giving you the option to switch vehicles every 2 to 3 years.
  • You aren't big on vehicle customization. The standard features and available upgrades are more than enough for you.

Buying a new Ford vehicle is right for you if:

  • You're constantly traveling and adding on miles. When you own the vehicle, there are no mileage restrictions on how far you can go.
  • You like the idea of ownership. Once all the payments are made, this vehicle is yours to keep.
  • You enjoy vehicle customization. If adding power upgrades or custom-painted accents are things you love, you've got to have ownership to make them happen.
  • You're comfortable with taking out an auto loan. While your payments might be higher, you're ready to take on the credit responsibility.

If you want to speak with one of our financial specialists to get more help deciding on whether to lease or buy your new Ford vehicle, call Supreme Ford today to schedule an appointment.

Ford Finance

  • (888) 927-9934
  • 4638, 400 E Howze Beach Rd
  • Slidell, LA 70461

Hours

  • Monday - Friday 9:00AM - 8:00PM
  • Saturday 9:00AM - 7:00PM
  • Sunday: Closed

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.