Benefits of Buying or Leasing a Vehicle

Do you want to buy or lease your next Lincoln? It’s not difficult to figure out if you look at a complete comparison of the two options. Our premier Lincoln Finance Center helps you figure out what works best for your situation. We take a closer look at both options and show you when each is appropriate. Schedule your test drive at Livermore Lincoln in California today.

Why to Choose a Lincoln Lease

If you need to decide whether to buy or lease, the first step is to evaluate the leasing options. With a Lincoln lease, you are going to spend a lot less money. You aren’t financing the entire cost of the car, so there’s less to spend. Not only will you need to put less down, but your monthly expenses are also kept to a minimum. You can still customize the new Lincoln, just the way you like it.

When you lease a Lincoln, you will need to watch your mileage. If you go over the mileage limit or you return the vehicle with an excessive amount of wear, you could have penalty charges. Additionally, you will want to keep your vehicle for the length of the lease, or there could be an early termination fee. Consider all of these aspects before agreeing to a lease.

Why to Choose a Lincoln Finance Plan

If you want to own a Lincoln, would you buy or lease it? The only way to own a luxury vehicle is to purchase it. Once the auto loan is paid off, you will own it outright. However, you can trade it or sell it whenever you want, as long as the loan gets paid. Plus, you don’t have to adhere to any mileage restrictions and you can use the vehicle however you wish. Because of the flexibility, a lot of people choose to finance instead of lease.

On the other hand, financing a car costs more than a lease. Because you need to pay off the entire price, you will have a higher monthly payment. Still, our team of professionals have ways of keeping the payments lower than you would expect. You can put a larger down payment on the vehicle or choose a longer term to reduce the monthly payment amount. Let our team work with your budget and needs to customize the perfect plan.

What is Best for You?

To figure out if you should buy or lease a Lincoln, you merely need to look at your budget and lifestyle. If you want a lower payment and don’t mind watching your mileage, the Lincoln lease might be best. However, if you plan to own the vehicle and keep it for several years, it might be time to buy. Either way, we have the Lincoln offers you are looking for. Schedule a test drive today at Livermore Lincoln in California today.