Leasing Vs. Financing a Lincoln: What’s Better for You?
When you're ready for a legendary vehicle that delivers a first-class experience and lets you dominate the roads with exhilarating power, a Lincoln is the ultimate choice. But before you drive off in your dream model, a big question pops up: Is it better to lease or to finance your new Lincoln?
To Lease or To Finance
When you choose a Lincoln, you're not just buying a vehicle; you're securing a first-class experience on the road. But the journey to ownership (or long-term driving) begins with a crucial decision: Leasing vs. Financing?
Determining which path is right for you depends entirely on your lifestyle, driving habits, and financial goals. Are you someone who craves the newest technology every few years, or do you prefer the long-term freedom of vehicle ownership?
Stick with us as we break down the pros and cons of both options, helping you figure out which choice puts you on the best path to driving a magnificent Lincoln.
Short, Simple, And Sweet: Why Lease?
Are you looking for a low-commitment plan to command your favorite Lincoln vehicle? An auto lease is already a standout option for you.
Low-Commitment Driving: You'll drive a vehicle for a term duration (usually 1-4 years, depending on your style).Built-in Options: When the term ends, you have three choices:
Return the ride you just leased.
Buy the vehicle if you loved the cruising experience.
Lease another, newer Lincoln model.
Even if you're planning on switching from a Corsair to a Lincoln Navigator, virtually nothing is off-limits. This makes a lease perfect if you constantly want to cruise with something new along with the latest automotive technology.
The Leasing Trade-Off: While a lease offers many options for you to constantly drive a different vehicle, you're essentially engaging in a long-term rental instead of owning the SUV. One of the top benefits involves generally paying less per month than you would to finance the same vehicle. However, keep in mind:
You'll need to eventually return your Lincoln model and may be charged for any excess wear and tear.
You'll need to stick within a mileage allowance, though this usually isn't an issue for most types of casual driving.
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Phil Long Lincoln - Colorado Springs
1114 Motor City Drive
Colorado Springs, CO 80905
- Sales: 719-453-0782
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