Benefits of Buying vs. Leasing a New Ford in Wheatland, WY

Laramie Peak Motors is proud to represent the entire new Ford lineup and to be able to offer our Wheatland customers the best vehicles on the road and the customer service to match. We love helping drivers explore our extensive inventory that includes new Ford models such as the Ford Explorer, Expedition, Escape, Fusion, Fiesta, F-Series pickup trucks, a Ford Focus, Mustang - or anything in between! We take the time to get to know your lifestyle and budget so we can help you find the perfect Ford model; our finance team takes the same time to understand your budget and personal preferences, so we can help you determine whether buying or leasing is the best option for you.

Benefits of Purchasing a Vehicle

  • The primary benefit of purchasing a new vehicle is that every payment you make goes towards ownership; with a purchase, any money spent on maintenance is an investment in your vehicle. When you are finished making the payments, you'll own your car or SUV for the life of the vehicle.
  • You'll have more flexibility to travel since you won't have any mileage restrictions when you purchase a vehicle.
  • You won't have to be concerned with making repairs you don't want to make, or paying fees for being over the mileage in your lease agreement.

Benefits of Leasing a Vehicle

  • With a lease, you're paying a portion of the vehicle's value over time versus paying the entire value of the vehicle, which may result in a lower monthly payment
  • When leasing a vehicle, you will be held responsible for wear and tear at the end of the lease agreement, as well as a mileage limit; be sure to keep up with the odometer and visit our service center for regularly scheduled maintenance and repairs.
  • You'll enjoy a more predictable cost of ownership with a leased vehicle since you'll only be responsible for the vehicle for a short period and much of that may be covered by the warranty. 
  • You have many options when a lease is completed; you can buy your leased vehicle for the residual value, lease or purchase a new vehicle, or you can move on from the lease.
  • Our experts are available to answer your questions about buying versus leasing, so give us a call or stop by our new Ford dealership so we can help you with this important decision. We look forward to serving you!