Should I Buy or Lease?

When it’s time to get behind the wheel of a new vehicle to drive around Glenwood Springs, you may also consider switching up your financial plan. If so, then it’s important to compare the advantages of lease vs. buying with Columbine Ford to determine which is best for you. Consult this guide as you determine, “Should I buy or lease?”

Benefits of Buying

There are a number of benefits associated with buying a new or used vehicle, such as:

  • Unlimited Driving: When you buy with Columbine Ford, you can drive around Grand Junction as much as you’d like, as there are no mileage limits like the ones associated with a lease.
  • Ownership: Buying a vehicle guarantees you complete ownership, so you can customize as you please, whether that means modifying the interior or making mechanical changes. You also don’t have to worry about fees for wear and tear.
  • Freedom to Sell: You are able to sell your vehicle at any point when you buy, or you can consider valuing your trade when you decide to upgrade.
  • Finance: If you don’t have the money upfront to purchase a vehicle, you have the ability to take out a loan. At Columbine Ford, we are happy to serve Craig-area customers, no matter their credit score.
  • Solid Investment: Buying a car may be more expensive up front, but it proves less costly over the years, especially if you plan to drive the vehicle for the foreseeable future. The longer you have the car, the less expensive it becomes to own it.

Benefits of Leasing

Leasing similarly comes with its own set of advantages, such as:

  • Lower Payments: Both the down payment and monthly payments will be lower when you lease instead of buying.
  • Easy Trade-In Process: At the end of your lease agreement, all you have to do is return the vehicle to the dealership. If you decide to sign another lease, you’ll be behind the wheel in no time.
  • Warranty Coverage: You will enjoy warranty coverage for the duration of your lease, so long as you don’t go above your mileage limit.
  • Access to New Models: Leasing offers access to the newest models with the latest technology, often for less than what you’d pay to buy the same model.

Explore Your Options at Columbine Ford!

As you compare lease vs. buying, keep your personal needs and driving preferences in mind, as well as your unique financial situation. You can even explore Ford Credit financing solutions for more variety. When you shop with Columbine Ford near Aspen, our offers and incentives should be of assistance, as well. Have any questions? Don’t hesitate to reach out!

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2728 Railroad Ave • Rifle, CO 81650

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Columbine Ford 39.5550569, -107.7776026.