Thinking about leasing a new car at Peoria Ford? We've come up with a few reasons why you should. From low monthly payments to the ability to get into a new vehicle every few years, there are several great benefits to leasing in Peoria and we want to share them with you.
Make Low Monthly Payments
Monthly finance payments tend to be much more expensive than monthly lease payments, making leasing a popular option for car shoppers on a budget. This is because when you lease a car in Peoria you're only paying for the portion of the car's value used during the lease term. In many cases, lease payments are 30-60 percent lower than finance payments for the same term.
No Down Payment Required
Most car leasing agreements don't require you to make a down payment while still offering low monthly payments. Due to this benefit, most lessees are able to obtain a nicer Ford model they would not have been able to afford if they had chosen purchasing over leasing in Peoria.
Get a New Car Every Couple of Years
Because most lease terms last 2-3 years, you'll be able to get a new car more often. Once your lease term is finished, you can choose to get a brand-new Ford car or upgrade to the latest model year. You can even choose to purchase your car if you wish to keep it.
Less Repair Hassles
Leased cars come with a new car warranty, which means most of your car's parts will be covered during the first couple of years. If something goes wrong with your car during this time, you won't have to worry about paying for expensive repairs.
Gap Protection Included
When leasing a Ford car, truck or SUV in Peoria, you'll automatically receive Gap Protection. This means in the event your car is stolen or considered a total loss, Gap Protection will waive the difference between your insurance payoff and lease balance.For more information about leasing at Peoria Ford, contact us today or stop by our dealership. We're conveniently located at 9130 W. Bell Road.