BUYING VS. LEASE
Should I Buy or Lease My Car From Coggin Ford?
Have you heard the term leasing and not know what it meant or which option was better? Well our finance team here have put together some helpful information about the two. So come see what the team here at Coggin Ford have to offer and let us help you find the best option for you and your family.
Ownership. At the end of your loan, you own your car with no payments. You can love your Ford for as long as you want and it's all yours.
No Limits. Drive an unlimited amount of miles with no penalty - if you typically drive your car more than 12,000 - 15,000 miles per year this option is preferable.
Personalize. If you like to customize, modify, or repaint, then buying a Ford is probably your best choice.
True Love. Do you get emotionally attached to your vehicles? (Come on, we know some of you do.) You may prefer to purchase to avoid the separation anxiety.
Asset Retention. When you buy, you retain the benefit of trade-in or resale value. However, since a car is a depreciating asset, you may find yourself a bit upside if you choose to trade unless your loan has been fully paid off by that point.