Parks Ford of Gainesville

Should You Buy or Lease in Gainesville, FL?


Buying vs Leasing. Which is right for you?

Should You Buy or Lease in Gainesville, FL?

When you’re getting ready to find your next vehicle this new year, this is a great question to start off your journey. Our team down at Parks Ford Lincoln of Gainesville is ready and available to answer any questions you may have about buying or leasing. We know our customers are going to have questions, and we’re more than happy to answer all of them. Purchasing the right car is a daunting choice alone, so we want to help you to find out whether buying or leasing is a better option for you. So, take a second and look at the benefits of buying and leasing our new models.

Why Lease a Vehicle?

Affordable Monthly Payment

Similar to renting an apartment, you’ll be making a monthly payment when you lease your vehicle. Not in the perfect situation to be purchasing a new car right now? Well, then leasing can be a great option for you. You’ll still get the same features and performance of a new model, while probably paying less per month than if you purchased the vehicle. Depending on what vehicle you choose, you can get a monthly payment that suits you and your lifestyle.

Lifestyle Flexibility

Speaking of lifestyle — when you lease your new model, you'll have the flexibility to get something that is perfect for you. Leasing usually offers a period of 2-3 years and gives you the option to trade in and get a new model at the end of your lease. Along with the lease period, you’ll also have a mileage limit of about 10,000 - 12,000 miles, but you’re entitled to purchase more miles at signing. If you’re living in the city or taking other forms of transportation to work, you likely won't use all of these miles. To give you some stress relief, you won’t have to sell your vehicle at the end of your lease period. Bring your vehicle to our dealership and we can get you started on finding your next model!

Warranty Protection

Ready to hear about the warranty protection that comes with your new vehicle? New Ford models are covered under their New Vehicle Limited Warranty for three years or 36,000 miles (whichever comes first) and their Powertrain Warranty for five years or 60,000 miles (whichever comes first), while new Lincoln models are covered under their New Vehicle Limited Warranty for four years or 50,000 miles and their Powertrain Warranty for six years or 70,000 miles. These warranties mean that you’ll be covered if your vehicle needs any repairs due to a manufacturer defect.

Why Purchase a Vehicle?

No Additional Fees

When you purchase your vehicle from us here at Parks Ford Lincoln of Gainesville, you’ll be free from the stress of paying additional fees. Buying your vehicle outright means you won’t have to pay fees for any customization or any excessive wear and tear to your vehicle. When you're held to a lease, you’re liable to pay for any scratches or dents at the end of your agreement. Want to put a spoiler on or add some chrome rims to your new ride? When you purchase your new vehicle, you’ll have the freedom to choose how to customize it.

Financial Flexibility

While going through the process of buying your new vehicle, we’re sure you’ll want to hear about how you can save on your monthly payment. Who wouldn’t want to save money? Putting more money down at signing can lower your monthly payment. Don’t be stressed when you’re going through the process — our team of associates is ready and available to help you through your purchase, while answering any question you have along the way. Want to start the process before you come to see us? Apply for credit on our website today! With our specials and perks, you’re sure to have everything you need to get started.

True Freedom

After you’ve gone through the process of getting your new vehicle, there’s nothing better than driving it off our lot. Take your vehicle wherever you desire and explore all that it has to offer. Customizing truly gives you the freedom to drive your vehicle how you want. When you come down to Parks Ford Lincoln of Gainesville, you’ll get quality service from our incredible team of associates. Browse our selection of vehicles to find your forever ride today.

If you’re ready to be the proud owner or lessee of one of our new models or are interested in learning more about your lease-end options, feel free to contact us online or visit Parks Ford Lincoln of Gainesville at 3333 North Main St., Gainesville, FL 32609 . Remember, a member of our team is just a phone call away if you’d like to talk through your options instead! We look forward to serving customers from Gainesville, FL, near Alachua, Starke, Ocala and Lake City.

Visit Consumer Reports’ page for more information on whether you should buy or lease.