Prescott Brothers Ford

Differences Between Leasing & Financing | Rochelle, IL

Leasing vs. Financing at Prescott Brothers Ford in Rochelle IL

Deciding whether to lease or finance a new Ford vehicle is not always an easy decision. Here at Prescott Brothers Ford of Rochelle, we can assist you - whichever road to choose to go down.

There are two main things to consider when choosing between leasing and financing: your financial situation and your personal preferences.

While each option presents its own benefits, it's important that you choose the absolute best for you. That's why we've created an outline of the different characteristics of leasing and financing. We hope you will use this information to guide your decision, and please feel free to reach out to our finance team with any questions you may have.

Learn More About the Benefits of Leasing and Financing

Benefits of leasing your new Ford:
  • Your factory warranty means little or no repair costs
  • Your monthly payment is lower
  • You only pay sales tax on the amount financed
  • You can easily upgrade to a different model at the end of your lease term
Consider the following lease regulations:
  • Mileage and customization restrictions may apply
  • Vehicle must be returned to the lessor at the end of lease term
Benefits of financing and owning your next vehicle:
  • The vehicle is yours at the completion of payments
  • No restrictions on mileage
  • No restrictions on customization
Consider the following about financing:
  • Monthly payments will be higher
  • More upfront costs than leasing
  • Higher vehicle maintenance costs

Lease or Buy Your New Ford From Prescott Brothers Ford of Rochelle

Whether you lease or buy, you're in good hands with Prescott Brothers Ford of Rochelle. From the sports performance of the Mustang to the ultimate power of an F-150 pickup, we can get you behind the wheel of the vehicle of your dreams, all with a payment plan that matches your budget.

You can get started now by filling out our online credit application, and you can even estimate the value of your trade-in.

Feel free to contact our finance team at 888-244-0896 with any questions, or stop in and see us at 620 South 7th St in Rochelle, Illinois.