FORD LEASING FAQ

The advantages of having a car go beyond the convenience of being able to come and go as you please around Nacogdoches and Lufkin, Texas. There’s another option besides owning a car, though: leasing. When you lease your vehicle, you have access to a slew of perks that are outlined here in this Ford leasing FAQ page.

Read on to learn more about the advantages of leasing and stop by Tipton Ford to find your next ride.

What is Leasing?

When you lease a car, it is essentially a long-term rental. The car is owned by the bank that issues your lease, and your contract allows you to use it for a term that is usually between two and three years.

You will be able to drive a certain number of miles, often between 12,000 and 15,000 a year. This mileage can be increased, but you should be aware that increasing mileage might also increase your monthly payment.

When you lease a vehicle, you will also be given certain guidelines for wear and tear. These guidelines should be followed, since you will need to return the car in relatively good condition.

What are the Advantages of Leasing?

Leasing is most beneficial for drivers who have short commutes, who work from home, or who generally don’t do much driving over the course of a year. Limits on mileage and wear and tear will be easy to adhere to because they already suit the ideal lessee’s lifestyle. Luckily, leasing also tends to offer lower payments than buying.

The great thing is that the short 2- to 3-year lease terms allow you to get another car when each lease term ends. You’ll always have access to a brand-new model with the latest technology and safety features.

When your lease term ends, you won’t have to sell the vehicle yourself and process a list of potential buyers to get it off your hands. You will simply return it to the dealership and decide if you’d like to choose another.

What Are my Lease Return Options?

After you make the final payment on your current lease contract, you can return the vehicle. This can be after two or three years, but some lease terms can last as long as five years.

When you return your car, you will have several options for moving forward. For one, you can simply return it and walk away. On the other hand, if you’d like to keep rolling in your current ride, you can purchase it. When you buy a leased vehicle from our dealership, our finance experts will help you make a smooth transition from your lease contract to a loan.

If you’d like to continue taking advantage of all the benefits of leasing, though, you can simply start a new lease contract with a new car.

Where Can I Lease a Ford?

You can find an array of options for leasing and benefit from the dependability that the Ford name is built upon when you visit our dealership. At Tipton Ford, we’ll create lease terms that suit your goals and lifestyle and keep you on the roads of Nacogdoches and Lufkin, TX, with as little interruption as possible.

Call our dealership to let us know if you have any questions in addition to this Ford leasing FAQ page and to schedule your test drive.