You've found the right car, you've taken it out on a test drive, and you have discovered that it is the right one for you. What's next? What's your next step?

The next step is to explore your financing options! Whether you are going to buy or lease the car, it's important to know the benefits of both options and the financial benefits they bring!

Whether this is your first time investing in a car, or you know our financing team on a first name basis, we are here to help you every step of the way.

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Leasing and Buying: What's the Difference?

So what are the differences between these two financing options? The main difference is that, when you buy a car, you gain ownership of it. Leasing, on the other hand, is more akin to renting: you don't own the car.

Furthermore, when you buy a car you often have to take out an automotive loan to cover the initial cost. This loan amount is then broken down over a period of months, which becomes your monthly payment. Leasing is often less expensive on a monthly basis because there is no automotive loan involved - rather, you pay a fixed monthly amount for the life of your lease.

Last, but not least, when you lease a car you have to adhere to mileage parameters. When you buy a car, you can drive it as far and as often as you want without having to worry about that.

Ready To Learn More?

If you would like to learn more about our selection of vehicles, or if you have any questions about financing your car, we invite you to visit us at Blue Ridge North Georgia Ford in Blue Ridge, GA. Our team would be more than happy to assist you with all of your vehicle-related needs, from purchasing to servicing.

We are proud to serve drivers throughout Blue Ridge, Dawsonville, Blairsville, Ellijay, Dahlonega, and Murphy, NC.