When it's time to get your next vehicle, you have two main options: financing or leasing. Drivers in Hanover have access to both choices at Jannell Ford of Hanover. But which is right for you? Here's a look at some of the key differences between financing and leasing.
Why Should You Finance Your Next New Car?
Financing a vehicle means taking out a loan to purchase the car outright. Here are some of the top benefits of financing your next car from Jannell Ford of Hanover in Brockton:
- You own the vehicle and can keep it as long as you want
- There are no mileage restrictions - drive as much as you need
- Customize the car however you like
- Build equity with each monthly payment
- Option to sell or trade in the vehicle at any time
Financing a vehicle at our dealership serving Weymouth makes sense if you plan to keep your vehicle for the long term and put a lot of miles on it. Drivers often prefer to finance so they have complete ownership of their car.
Why Should You Lease Your Next New Car?
Leasing is a popular alternative to financing. It's like a long-term rental. Some of the main advantages of leasing from Jannell Ford of Hanover in Marshfield include:
- Lower monthly payments than financing
- Drive a new car every few years
- Repairs are typically covered under warranty
- No long-term commitment; just return the vehicle at lease end
- Potential to buy the car at the end of the lease
Leasing appeals to drivers in Plymouth, MA who want more flexibility and always want to be driving a new vehicle. We can help you navigate lease terms.
Ultimately, the choice between financing and leasing depends on your budget, driving habits, and preferences. Visit Jannell Ford of Hanover at 2000 Washington St, Hanover, MA to discuss your options and take a test drive. Our knowledgeable team is here to help you make the right decision for your needs and lifestyle.