Lease Vs Buy
Lease vs. Buy: Which Payment Method is Best for You?
Lincoln vehicles have lavish interiors and a quiet, pampering ride you'll adore. If you've dreamed of driving a refined Lincoln SUV, there's no better time than now to make it happen. Bell Lincoln, Inc. has lease and finance offers that can help you get behind the wheel of a brand-new Lincoln model easier than you may have imagined. Our well-informed team will go over all your options to help you decide whether financing or leasing a Lincoln is the best route to take for your budget.
Why Lease a New Lincoln SUV?
If you have constraints on what you can pay each month, a Lincoln lease may be the most feasible plan. With a lease, you're likely to have a lower down payment and lower monthly payments. This is because you're only paying for the time you drive the vehicle, instead of its full cost. Since lease contracts usually run from two to four years, it allows you to keep driving a model with all the latest features. You can simply return the leased vehicle and start a new lease on a brand-new Lincoln SUV. You'll also have the option of just returning the leased car and walking away, or even buying the leased vehicle outright for its residual price. Since a leased vehicle will be backed by its original factory warranty the whole time you drive it, you'll have little or no maintenance expenses.
Why Buy a New Lincoln Vehicle?
If you'd prefer to keep a vehicle for the long haul, financing it may make more sense. When you finance a new Lincoln SUV, you'll have complete ownership of it once you've paid off the car loan. That way, you can customize the vehicle as much as you want. You also won't have the mileage or wear-and-tear fees that can come with a lease. Additionally, as you pay down the car loan, you'll earn equity in your financed vehicle, which can be beneficial down the road should you decide to trade in or sell your Lincoln SUV.
Visit Bell Lincoln to Purchase or Lease a New SUV
Whether to lease or buy a new Lincoln SUV is an important decision, and the experts at Bell Lincoln, Inc. will gladly assist with your choice. We'll explain all the benefits of both options and let you know exactly what your payments would be with either alternative. Contact us now to get started, or visit us in person to purchase or lease a new Lincoln vehicle.
Lincoln Lease vs. Buy Benefits Review
| Leasing Benefits | Buying Benefits | |
|---|---|---|
| Ownership | Pay for use of your new car and upgrade models once it reaches its lease maturity date. | Pay for ownership of the vehicle and work toward having the title in your name |
| Mileage Limits | Mileage restrictions are determined by lease terms | Unlimited miles |
| Down Payment | Normally has lower down payments | Generally comes with a higher down payment |
| Monthly Car Payments | Lower monthly payments | Normally has higher monthly payments |
| Auto Maintenance | Required to service vehicle according to manufacturer recommendations | Responsible for repairs not covered in warranty |
| Customization | Customizations are not allowed | No customization restrictions |
How Can We Help?
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Bell Lincoln, Inc.
4510 West Us 223
Adrian, MI 49221
- Sales: (517) 265-8187
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