Should You Buy or Lease in Gainesville, FL
Should You Buy or Lease in Gainesville, FL
Buying or leasing? This can be a difficult question to navigate when you need a new Lincoln model. Thankfully, our team here at Parks Lincoln of Gainesville has got you covered. We want each and every customer who comes through our doors to feel as if they have made the best decision when it comes to buying or leasing their vehicle. For this reason, we’ve compiled a few reasons on why you should buy or lease your new vehicle with us.
Why Lease a Vehicle?
Moderate Monthly Payment
Similar to financing, when you lease a new vehicle you must make monthly payments for a certain amount of time. Although your monthly payments can be much lower than if you were to lease your vehicle. And in addition to saving you some money in your pocket every month, you’ll get the latest technology and features to enjoy in your new luxury Lincoln. Enjoy saving money each month on surprise repairs due to the newness of your model and less prior owners to cause damages.
Lifestyle Flexibility
Are you the type of person who likes to have the newest items? Well, when you choose to lease you only get the vehicle for two to three years, unlike owning a new model, which can lock you in for five to seven years. This means when your lease is up you can switch up your now old Lincoln model for something new, and if you end up falling in love with your Lincoln model you always have the option to purchase it when your lease ends. When you lease you do have a mileage limit, which is 10,000 to 12,000 miles per year, but if you work from home or live somewhere that has everything in close proximity, then you won’t need to drive often. So, you won’t have to worry about putting miles on your vehicle and if you choose to purchase it you’ll have less mileage on your vehicle. Plus, don’t worry about trading or selling your vehicle, when your lease it up just bring it back — no strings attached.
Warranty Protection
When you choose leasing you not only get the flexibility you need, but you get the coverage in case of a breakdown or any repairs needed. Although, this can be rare due to the car being so new and in its prime years. Lincoln offers a New Vehicle Limited Warranty of four years or 50,000 miles (whichever comes first) and a Powertrain Warranty of six years or 70,000 miles (whichever comes first). Have peace of mind when you lease your vehicle with us.
Why Purchase a Vehicle?
No Additional Fees
One amazing benefit of buying a new Lincoln model is there are no hidden fees. When a driver leases a Lincoln model, they are liable for any wear and tear, extra mileage and ending the lease earlier than expected. When you buy you don’t have to worry about this, plus, you don’t have to worry about customizing your vehicle. If you lease and choose to change the interior or upgrade your wheels, you may be charged a fee, but not when you own the vehicle. When you choose to purchase a Lincoln model you get to do what you want to your vehicle because it's yours.
Financial Flexibility
When you lease a vehicle, you only have one option: monthly payments. But, when you choose to purchase a Lincoln model you have financial flexibility. You can either save up money to put a larger down payment down to have lower monthly payments and interest, pay cash (which gives you no interest and no monthly payments) or you can choose to finance with us. Financing with us is an easy and secure process, so you know that every cent you put towards your investment is secure. Get flexibility when it comes to your finances and pay how you want when you purchase a new Lincoln.
True Freedom
When you purchase a new Lincoln model, this gives you the freedom to change anything on your vehicle that you want. You can add a new stereo system, add special touches to your trim and exterior or change the interior. When you lease your new vehicle you can’t add or change anything without a hidden fee or charge. When you lease, you have mileage restrictions, but owning your vehicle means you can take that long road trip or go a long distance.Therefore, when you choose to purchase a new Lincoln model this gives you the true meaning of freedom.
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 Lincoln of Gainesville at 3333 North Main Street, 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.