It's a question we all have to ask ourselves at some point in the car-buying process: leasing vs buying? And if you've never leased a car before, it can be one that's difficult to answer. 

The Ray Price Stroud Ford team doesn't want you to choose blindly. All Stroudsburg, East Stroudsburg, Easton, Nazareth and Lehigh Valley drivers should learn the benefits of leasing vs buying a car.

Benefits of Buying Your Next Car

Though the lease has been rising in popularity in recent years, outright ownership is still the most common financing option. Here are a few good reasons why you may want to buy your car outright.

  • You like to be in control. When it comes to your car, there's nothing wrong with owning it. When you own a vehicle, you can do whatever you want with it. Interested in a different paint job? Maybe you want to upgrade the sound system? Unlike with a lease, you're free to do as you wish. You also won't have to worry about how many miles (or how much wear) you're putting on it because you're not bound by a contract.

  • You don't want to make payments forever. You're paying the full MSRP, which means that paying off the car in full is going to take time. Once that's done, you'll have one less bill to worry about every month. That extra freedom goes a long way.

  • You intend to make some money when it's time to trade. After a while, you may be in the market for something a bit newer. That's only natural. When the time comes to trade in or sell independently, you can make a decent chunk of change. That's good money to put towards your next down payment!

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Benefits of Leasing Your Next Car

There's a good reason-or three-why many drivers have been choosing a lease over a buying in recent years. Can you relate to any of these?

  • You're scared of commitment. You drive by something newer and shinier, and it instantly catches your eye. You don't mean to wander, but your current car is getting a little old. The thrill has worn off-no judgment here. However, if you lease, you'll be able to trade in every few years or so anyway…
  • You want lower monthly payments. The major difference with a lease is that you're not paying the full MSRP. You're just paying for the depreciation that occurs during your lease term. Ultimately, payments are going to be quite a bit less.
  • You don't want any hassle in the end. Selling a car can be even more stressful than buying one. But it's not something you'll have to worry about with a lease. You signed a contract. All you have to do in the end is trade it in. Or buy it in full if you don't want to part. The choice is yours. 

Lease vs. Buy: Let's Talk Financing Options

Leasing vs Buying can be a tricky subject. However, you don't have to make all these choices on your own. Stroudsburg, East Stroudsburg, Easton, Nazareth and Lehigh Valley drivers can visit our finance team anytime to discuss their options in more detail.

Visit Ray Price Stroud Ford today to get started!

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Ray Price Stroud Ford Lincoln

6320 Route 209
Directions Suite B
Stroudsburg, PA 18360

  • Sales: (570) 402-2222
  • Service: (570) 402-2491
  • Parts: (570) 402-2492

Showroom Hours

  • Monday 9:00AM - 8:00PM
  • Tuesday 9:00AM - 8:00PM
  • Wednesday 9:00AM - 8:00PM
  • Thursday 9:00AM - 8:00PM
  • Friday 9:00AM - 8:00PM
  • Saturday 9:00AM - 4:00PM
  • Sunday Closed