Lease Specials

 

Chevrolet Lease Specials 
GMC Lease Specials
Buick Lease Specials
Ford Lease Specials

 

Contact Johnson Motors & Ford today to request a custom lease quote based on your driving habits and budget.  

Advantages and Disadvances to Lease or Buy:

Advantages of Leasing:

  • Lower monthly payments with a low — or no — down payment.
  • You can drive a better car for less money.
  • Lower repair costs because you are always under the vehicle’s included factory warranty.
  • You can more easily transition to a new car every two or three years.
  • There are no trade-in hassles at the end of the lease.
  • You pay less sales tax.

Disadvantages of Leasing

  • You don’t own the car at the end of the lease (although there is always the option to buy).
  • Your mileage is typically limited to 10,000, 12,000, or 15,000 miles a year (you can purchase extra).
  • Lease contracts can be confusing and filled with unfamiliar terminology.
  • In the long run, leasing is more expensive than buying a car and keeping it for years. (if you buy the lease out at the end)
  • Excessive wear-and-tear charges can be a nasty surprise at the end of the lease.
  • It’s costly to terminate a lease early if your driving needs change.

 

Advantages of Car Buying

  • You can modify your car as you please.
  • Car buying is more economical over the long term.
  • You can drive as much as you like. There’s no excess mileage penalty.
  • You have more flexibility since you can sell the car whenever you want.

 

Disadvantages of Car Buying

  • It requires a higher down payment to avoid being “upside down” in the loan, meaning you owe more than the car is worth.
  • Monthly payments are higher than lease payments.
  • Once the warranty expires, you’re responsible for repair costs.
  • You face possible trade-in or selling hassles when you decide to get your next car.
  • More of your ready cash is tied up in a car, which depreciates in value.