Buying vs Leasing in Carthage, TX

Learn About Leasing and Financing with Excel Ford

If you've been shopping for a new vehicle but can't decide if leasing or financing works best for your lifestyle, Excel Ford is here to help. Our team of sales and finance professionals have plenty of experience regarding vehicle leases and loans near Marshall, TX, providing unbiased information so you can determine the ideal solution for your needs. Take a moment to learn about the details of each payment method below, or contact a member of our team to receive additional information about loans and leases in Carthage, TX, today!

Leasing and Financing Overview

Vehicle leases are an alternative to traditional financing near Tatum, TX, allowing drivers to make payments over a shorter term that averages between 24 and 48 months. Monthly payments tend to be less than a loan, but stipulations are often written into the contract regarding mileage limits, potential damages, and modifications. Leasing is often advantageous for its ability to help drivers get behind the wheel of the latest models on the lot without needing a large downpayment.

Vehicle financing allows drivers to pay for their vehicle over a period between 36 and 60 months, with options as long as 72 or 84 months available. Vehicle loans tend to have higher monthly payments but allow the buyer to sell the vehicle at any time or apply aftermarket components such as window tint and aftermarket wheels. Some drivers near Tenaha, TX, may find financing attractive as they can build equity over time and continue to drive their vehicle long after paying it off.

What Works Best For My Lifestyle?

Drivers who drive long distances to Henderson, TX, and beyond may find financing to be the most attractive option, as the annual mileage limits of leases can be a burden. However, leasing is a flexible option for drivers who may not want to own a vehicle for an extended period of time or deal with the hassle of out-of-pocket maintenance expenses. Choosing between financing and leasing is ultimately a personal decision, though our team has plenty of resources that can help you determine which method is ideal for you.

Speak With Our Finance Professionals Today

Ready to learn more about the manufacturer-backed resources available to shoppers at Excel Ford? Consider speaking with a member of our finance center to have your questions answered and receive additional support regarding the automotive purchase process. Contact our team online, over the phone, or in person at our dealership today near Mount Enterprise, TX!