While purchasing a New Vehicle may be the better option for some, there are a number of benefits that come with leasing, particularly from Planet Ford in Humble! We use only Ford leasing, which comes with GAP insurance. And we always have a number of Lease Specials available for those interested in leasing.
Leasing a vehicle often ends up costing far less than buying one. You may be able to put less down initially and still have a lower monthly payment. This is because you are only financing a portion of the total cost of the vehicle. For example, if a vehicle holds 58% of its value after three years, you would only have to finance 42% of the vehicle.
A 3 year, 12,000 mile lease will be covered by a bumper to bumper warranty for the duration of the lease, so you won’t have a period when you have to worry about repair costs.
If you fall in love with your lease, you’ll have to option to buy it. Or you can upgrade to the same model with the latest technology.