Terry’s Ford of Peotone proudly serves drivers in the St. John area. We work to get you in the vehicle you want today by providing custom auto financing opportunities tailored to your specific situation. We help you find the avenue that is most beneficial to you so you can drive home in your new vehicle today. Located in Peotone, IL, we are only about a 30-minute drive from St. John. Here’s how to find us:
One of the most important decisions to make when shopping for a vehicle is whether leasing or buying is more beneficial. The answer really depends on what type of driver you are. There are many pros and cons on each side to consider. Let’s take a closer look at each option so you can consider which is better for you.
Leasing can be an attractive option for many St. John drivers. If you lease, you may essentially be getting more car for less money. That’s because you are taking out a lease on the residual amount the car is expected to be worth at the end of the lease term, usually about 3 years from the present date. So if the car is expected to depreciate in value from $30,000 to $16,000, you’re only making payments on that lower, expected amount. Leasing is also a good option for drivers who can only afford to make a small down payment or drivers who enjoy all the latest tech advances.
On the other hand, leasing comes with a number of restrictions including road mileage limits and prohibits customizations and updates from being installed on the vehicle while it’s being leased. So if you are a St. John driver that puts a lot of rubber to the pavement, or want the option of making alterations on the car, you should consider buying.
There are many more pros and cons to consider in the buying vs. leasing debate. So stop in and visit us to find out more information on this and all of your other auto financing options. We’re here to help St. John drivers find the best course of action for any vehicle need.