Buy vs. Lease

Buying vs Leasing at Friendly Ford

When it comes to getting a great deal on your next vehicle, our Finance team has several options to help you decide on the best fit for your budget and finance goals. At Friendly Ford, you can use your own financing, apply for Ford credit, start a new lease, and more. Each option comes with different benefits depending on your situation. We can help you score an incredible deal no matter which option you choose.

Why Should I Lease?

Leasing is a smart choice for drivers who want lower monthly payments, the latest features, and the freedom to upgrade every few years.

It's a flexible, budget-friendly way to enjoy a new vehicle without the long-term commitment of ownership.

With multiple mileage options and warranty coverage, leasing keeps things simple and stress-free.

Lower Monthly Payments

  • Lease payments are often significantly lower than financing a purchase.

Drive Newer Models More Often

  • Upgrade every 2-3 years to the latest model with updated features and tech.

Lower Repair Costs

  • Most lease terms end before major maintenance is needed. Often under warranty.

Mileage Options up front

  • Mileage flexibility built into your lease - because one size doesn't fit all.

Whether you're a daily commuter or a road tripper.

No Long-Term Commitment

  • Ideal for people who like to change vehicles frequently or have evolving needs.

Lease-end choices:

    • Purchase or lease a new Ford or Lincoln
    • Purchase your leased vehicle even if you're over mileage
      • Buy your current vehicle for the residual (buyout) price listed in your original contract.
      • Purchase your lease out and add an extended service plan
      • Return your lease vehicle (after fulfilling all lease-end obligations)

Why Should I Buy?

Buying a vehicle is a great option if you plan to keep it long-term and want to build equity.

You'll own it outright once it's paid off, with no mileage limits or lease-end fees.

It's ideal for those who drive a lot, want full control over their vehicle, and prefer a lasting investment.

Full Ownership

  • Once it's paid off, it's yours-no more monthly payments.

No Mileage Limits

  • Drive as much as you want without worrying about penalties.

Customization Freedom

  • Add accessories, modify the vehicle, and personalize it to your taste.

Long-Term Value

  • Over time, owning is more cost-effective than leasing if you keep the vehicle.

Sell or Trade Anytime

  • No waiting until lease maturity-you can sell or trade when it makes sense for you.

Contact the Finance Center at Friendly Ford

No matter which option you choose, you can get a great deal on your next vehicle at Friendly Ford. Contact our team today to schedule a test drive and review your finance and leasing options.

How can we help?

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  1. Friendly Ford

    2800 N Telegraph Rd
    Monroe, MI 48162

    • Sales: (734) 243-6000
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Get in Touch

  • Contact our Sales Department at: (734) 243-6000
  • Monday9am-6pm
  • Tuesday9am-6pm
  • Wednesday9am-6pm
  • Thursday9am-6pm
  • Friday9am-6pm
  • Saturday9am-1pm
  • SundayClosed