Once you’ve decided to lease a Ford vehicle, it’s time to think about the details. A big one you don’t want to gloss over is the term, which is the length of the lease. This Ford lease guide will help you make an informed decision.
Short or Long?
How long do you want to lease your car for? If circumstances dictate that you need a vehicle for just a little while, you should consider a 12- or maybe a 24-month lease. If, however, you’d rather not have to worry about your car arrangements for a while, it could make more sense to choose a 36- or 48-month term.
Consider Your Expenses
Before deciding on a term for your lease, you need to get your budgeting in order. This is because its length will determine how you need to pay each month. The shorter the term, the higher these payments may be. You’ll also need to ensure that you’re financially stable enough to make payments promptly during the entire length of your lease.
Other Things to Think About
No matter which timeframe you decide to go with, it’s very important that you are able to adhere to the contract you sign. First of all, this means not exceeding the yearly mileage restriction. For every mile you go over, you will be charged a fee. You also need to be confident that you can see the lease through to its end. Having to end a lease early generally comes with a very high early termination fee.
Kearny Mesa Ford Can Help You Make Leasing Decisions
If you’re not entirely sure which lease term to go with, Kearny Mesa Ford can help. Let us know what your needs are, and we will work with you to make the best decisions for you.