Financing and Leasing: What's the Difference?
When you finance a new or used Ford car from our dealership in Ahoskie, NC, you enter into a finance agreement and pay off your vehicle over time instead of all at once. You'll make monthly payments over a predetermined period until the vehicle is paid off entirely. You can even pay off your model sooner if you can make more than the minimum payments each month. After your Ford car is paid off, the title will be transferred from the lender to you so that you'll be the full owner.
If you'd rather lease a new Ford vehicle, you can enroll in a lease agreement that works almost as if you were renting a vehicle for vacation. A lease is essentially a longer-term vehicle agreement that lets you drive the vehicle around the Roanoke Rapids area without owning it until the end of the lease period. When you lease a Ford model instead of buying one, you won't have to worry about many of the responsibilities that come with vehicle ownership.