Purchase financing compared to leasing:
Before you choose how you are going to pay for a vehicle, you have to select your vehicle. Once the vehicle selection has been made, here are some of the things to consider when deciding on a payment method:
1. Personal or commercial use vehicle.
2. Length of time you wish to keep your vehicle.
3. Number of km you anticipate putting on your vehicle.
4. Amount of your down payment.
5. Available programs & incentives currently being offered.
Some finance companies have different rules for personal or commercial use vehicles
If you only plan on keeping your vehicle for 2 or 3 years, do you want to have a payment term of 5 or 6 years?
If you anticipate putting 35,000 km per year on a vehicle, does it make sense to sign a lease for only 20,000 km per year?
If you have a down payment it will have a greater effect on a shorter term ($1,000 down makes a payment difference of $41.66 for 24 months compared to only $13.88 for 72 months).
Some vehicles are offered with low interest rate financing, check if the low rate is available whether you buy or lease.
Please select your vehicle along with the length of time you want it, the number of anticipated km you plan on driving and the size of your down payment. We will send you a finance vs. lease comparison of the figures. If you want a quote on a non-Ford product please use the comment section to tell us which vehicle you are interested in. Learn Vehicle Leasing is our own multi-make leasing company.