• Ford

Berglund Ford

834 E Main Street
Directions Salem, VA 24153

  • Sales: 888-355-8571
  • Service: 888-796-4734

Leasing vs. Buying in Salem, VA

Buying vs. Leasing Your Next Vehicle in Salem, VA

Car shopping can be confusing, to say the least. One of the most common questions our customers ask us is "Should I buy or should I lease my next vehicle?" At Berglund Ford, we work very hard to make sure you understand what makes most sense for your situation. Our sales staff is eager to sit down with you one-on-one to look at the pros and cons of each option to help you make an informed decision.

Benefits of Leasing a Ford

Benefits of Leasing a Ford

  • If you like to drive a new vehicle and are thinking of trading in your vehicle for a new model every two to three years, leasing is a great option for you.
  • Lease payments are typically lower than if you were to purchase the same car.
  • Lease programs that require $0 or little money down might be a good fit for you if you don't have the cash on hand to make a large down payment.
  • Leased cars are typically covered under the manufacturer's warranty for the duration of the lease. Such warranties are usually bumper-to-bumper and cover any needed repairs.*
  • Leases are great if you want your vehicle to have the newest technology. Since you are always driving a car that's only a couple of years old, you can rest assured that whatever model you lease, it will have the latest hi-tech options.
  • Try it before you buy it. You won't have to worry about buyer's remorse with a lease. At the end of your lease, you can always trade-in your vehicle for a model that's more to your liking. By the same token, if you've fallen in love with your leased vehicle, you can exercise your option to purchase it when your lease is up.
Benefits of Buying a Ford

Benefits of Buying a Ford

  • If you like to keep your vehicle for as long as possible, then buying a vehicle is a great option for you. While payments are typically higher when purchasing, every time you make a payment you are building equity in your vehicle and eventually, you'll own your vehicle outright.
  • Unlike leasing, there are no mileage restrictions when you purchase a vehicle. If you put a lot of miles on your vehicle, then buying is probably your best option.
  • If you keep your vehicle past the life of the loan, you'll evenutally be free of loan payments.
  • Insurance costs are generally lower on vehicles you purchase than on vehicles you lease.
  • You're free to sell your vehicle at any time.
  • You don't have to worry about accidentally spilling coffee on your carpet which might leave a minor stain. -Under a lease agreement, you'll be held financially responsible for that stain when you turn your vehicle in at the end of the lease.
  • You can add accessories or make modifications to your vehicle when you own it.

If you have any more questions about the benefits of leasing versus buying your Ford vehicle, feel free to stop by anytime. We are conveniently located at 834 East Main St., Salem, VA 24153, and we look forward to serving our customers from Roanoke and Christiansburg, VA!

*Note that your vehicle's warranty may not cover regularly scheduled maintenance.

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