Buying-vs-Leasing
Will you soon be leasing or buying a new Ford?
Looking for your next set of wheels to enjoy your Auburn, Tacoma, or Federal Way, WA, drives more is an exciting time, but finding the perfect vehicle isn’t the only thing you need to consider. You’ll also have to determine which financing method is best for you, and the team at Way Scarff Ford is here to help.
In this guide to buying vs. leasing, you’ll learn about the different finance choices so you can choose the plan that’s right for your lifestyle. Will you soon be leasing or buying a new Ford? Let’s find out.
Buying a Vehicle
If you wish to own your next ride, buying is the best way to go. This includes working with one of our finance experts to secure a loan through a reputable lender. The lender will then pay our dealership for the cost of the vehicle, and you’ll make monthly payments (plus interest) until the loan is paid off.
Purchasing a vehicle will result in eventual full ownership of the model. This gives you free rein of your car, so you may do what you like with it.
Benefits of Buying a Car
When you take out a secured loan, there are no restrictions on what you can do to the model. You may customize the vehicle and drive as many miles as you like. You can also sell or trade in your vehicle at any time, even if you’re still making payments on the auto loan.
You’ll also have a great selection of vehicles to choose from if you plan on buying. This includes brand-new models, certified pre-owned vehicles, and used cars, so you can find your dream car easily.
Leasing a Vehicle
Leasing is often looked at as a long-term rental, letting you drive the newest and most up-to-date models on the market. This is great for drivers who like to switch up their set of wheels often or who always want to be driving the most progressive vehicles available.
When you choose to lease, you’ll have several things to consider. First is the length of your lease term. Vehicle leases tend to last around three years, but short-term and long-term leases are also available.
You’ll also speak to our leasing expert about mileage. There are some mileage limitations with leasing contracts, but our team can help you find an option that works for you and your driving style.
Benefits of Leasing
Leasing opens the door to a world of benefits that drivers love. One of the most enticing is lower monthly payments. Typically, your monthly installment will be lower because, instead of paying for the entire value of the model, you’re only paying for the depreciation.
That’s not all, either. Other benefits of leasing include warranty coverage, an easy end-of-contract process, buy-out options, and possible tax benefits.
Leasing Vs Buying: Which Is Better For You?
At Way Scarff Ford, we’re excited to help you find the perfect payment plan for your dream car today! Whether you’re leasing a Ford or want to secure an auto loan, our team is here to help you throughout the entire process.
To get started, contact our finance team to set up an appointment! We can’t wait to help elevate your Auburn, Tacoma, and Federal Way, WA, commutes soon!
Way Scarff Ford Auburn
501 Auburn Way North, Auburn, WA 98002
Contact UsHours
| Monday | 9:00AM - 8:00PM |
| Tuesday | 9:00AM - 8:00PM |
| Wednesday | 9:00AM - 8:00PM |
| Thursday | 9:00AM - 8:00PM |
| Friday | 9:00AM - 8:00PM |
| Saturday | 9:00AM - 8:00PM |
| Sunday | 10:00AM - 7:00PM |
| 4th of July hours: Sales – 9am-6pm, Parts and Service closed | |
| Monday | 7:30AM - 5:00PM |
| Tuesday | 7:30AM - 5:00PM |
| Wednesday | 7:30AM - 5:00PM |
| Thursday | 7:30AM - 5:00PM |
| Friday | 7:30AM - 5:00PM |
| Saturday | Closed |
| Sunday | Closed |
| SERVICE HOLIDAY HOURS: Closed on Christmas Eve, Christmas Day, and New Years Day. | |
| Monday | 7:00AM - 7:00PM |
| Tuesday | 7:00AM - 7:00PM |
| Wednesday | 7:00AM - 7:00PM |
| Thursday | 7:00AM - 7:00PM |
| Friday | 7:00AM - 7:00PM |
| Saturday | Closed |
| Sunday | Closed |
| PARTS HOLIDAY HOURS: Closed on Christmas Eve, Christmas Day, and New Years Day. | |