When you're in the market for a new car (or truck), you will first need to find the model that suits you best. After you land on the vehicle that's ideal for you, you'll want to take it home and start exploring Marion, Herrin, and Carbondale, IL. First, though, you will need to determine how you will pay for that vehicle.

Here, you'll have two options: leasing or buying. Both are great, but based on your needs and expectations, one could be better than the other. Are you unsure which suits you best? Check out this leasing vs. buying guide from our team at Watermark Ford of Marion. 


Leasing

Leasing is a little different than the normal car-buying financing process. In electing to lease a vehicle, you sign a contract that ties you to that specific vehicle for a set term or period of time. Usually, this term will last a few years in length, at the end of which you'll be able to start exploring new vehicle options.

This will present you with a number of different opportunities and benefits. The first is unmatched flexibility. If you're someone who values changing cars frequently, so you have the latest and greatest automotive tech, this will allow you to do that.

On the other hand, you could build a bond with your leased vehicle and not want to part with it. If you find that to be the case, you'll also have the opportunity to explore purchasing the leased vehicle outright at the end of your term.


Buying

Exploring a finance plan to buy your new vehicle is also a great option in order to take your Ford home for the first time. This more traditional route could also present you with some benefits. For instance, when you elect to buy a car, it is yours. You'll be able to do with it what you please-making upgrades, changing the paint, or anything else you could think of.

When you buy a new car, you will also not have to worry about going over mileage restrictions. Often with a lease, your contract will specify certain mileage marks you can't exceed. These mileage specifications are flexible, but if you are someone who plans to do a lot of traveling, buying your next car could be the better choice.


The Process of Buying & Leasing

While buying and leasing are very different, the process in which to obtain either isn't that dissimilar. In either case, you will want to sit down with our finance team. Here, one of our highly experienced financial professionals will work with you-collecting information, highlighting terms and conditions, and more-all in an effort to get you the deal you desire. 


What Should You Do? Buy or Lease?

So, now that you've learned more about buying vs. leasing in this guide, which sounds better? The answer to that can be simple, depending upon your wants and needs out of your new vehicle. If you are unsure which suits you best, sit down with our team at Watermark Ford of Marion, where we'll be able to take you through each option.

We hope to assist you near Marion, Herrin, and Carbondale, Illinois, soon! 

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Contact

Watermark Ford of Marion

1910 West Coolidge Avenue
Directions Marion, IL 62959

  • Sales: (618) 993-2161
  • Service: (618) 993-2161
  • Parts: (618) 993-2161

Hours

  • Monday 8:00am - 6:00pm
  • Tuesday 8:00am - 6:00pm
  • Wednesday 8:00am - 6:00pm
  • Thursday 8:00am - 6:00pm
  • Friday 8:00am - 6:00pm
  • Saturday 9:00am - 5:00pm
  • Sunday Closed