Ford Explorer Buying vs Leasing Compared

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Ford Explorer Buying vs Leasing Compared

Ford Explorer Buying vs Leasing Compared

Discover the Best Financing Plan for Your Ford Explorer Purchase!

Getting behind the wheel of a Ford Explorer is an exciting moment, and the Mt. Orab Ford team is here to make the entire process seamless! Conveniently located in Mt. Orab right off US-68, we're just a quick 45-minute drive east of Cincinnati via I-275 and State Route 32. Whether you're considering buying or leasing, our knowledgeable crew is ready to walk you through all your options. We take the time to understand your needs so we can match you with a financing plan that truly fits your driving goals. From flexible terms to budget-friendly solutions, we're here to help every step of the way. Have questions? We've got answers and expert advice you can count on. When you're ready, go ahead and  Apply For Financing online and take the first step toward your new Ford Explorer!

Are My Ford Explorer Vehicle Options Different If I Buy vs Lease?

Your options are different depending on which financing plan you choose. When you choose to buy, you can explore both new and used inventory, giving you a wide range of price points, features, and monthly payment possibilities. Financing a purchase means you'll make monthly payments with interest, and in the end, that Explorer is all yours to keep. On the other hand, leasing is available exclusively for new Ford Explorer models, offering a sleek, up-to-date driving experience. With a lease, you're simply paying for the portion of the vehicle you use, typically over 24 to 48 months. Once your term is up, you can easily upgrade to a newer model and keep the adventure going!

Explore Your Two Ford Buying Options

With a Standard Purchase of a Ford Explorer, you can choose from new, certified used, or pre-owned vehicles and enjoy flexible terms ranging from 12 to 84 months. Your monthly payments are structured to cover the full cost of the vehicle over the life of your loan, giving you a clear path to ownership. The Ford Flex Buy is available on new vehicles with 66- or 75-month terms. This plan features lower monthly payments at the beginning and higher payments later in the contract. It's a great way to ease into your payments while still driving the vehicle you really want.
  • Standard Purchase: available across all models and offers a standard payment amount
  • Flex Buy: available on new models and offers low to high payment amounts

Steps for Getting the Best Buying and Leasing Deals

Getting the best deal on a Ford Explorer takes just a little more planning! Trading in your current vehicle is a great way to boost your down payment when buying, which can lead to better financing terms, lower interest rates, and more manageable monthly payments. It's also a good idea to regularly check out our latest specials, since they often feature exciting opportunities to save. If you're considering leasing, keep an eye out for limited-time offers like $0 down leases from Ford, as they can make getting into a new Explorer even more accessible. Staying informed about these deals can really pay off! And if you're ever wondering what kind of deals we have going on right now, just reach out to our friendly team! We're always happy to share the latest Ford Explorer offers and guide you toward the best possible savings!
  • Trade-in if you can
  • Always keep an eye on our new and used specials!

Is Buying or Leasing a Ford Explorer Easier To Get Approved For?

In most cases, leasing tends to be easier to get approved for, especially if your credit isn't perfect, since monthly payments are usually lower. That lower cost can make a big difference when lenders are reviewing your application. Still, if you've got your heart set on buying, don't worry, there are smart ways to boost your chances. Choosing a used Ford Explorer or going with a base trim like the Active can make financing much more manageable. These options keep costs down while still giving you a reliable and stylish SUV. And with great used inventory available at Mt. Orab Ford, you can find the perfect Explorer.
  • Get approved for leasing if you have bad credit
  • If buying, consider used and base trims to qualify for the loans you need

Apply for Financing with Mt. Orab Ford Today!

Ready to take the next step toward driving your very own Ford Explorer? Apply for financing with Mt. Orab Ford today and get the process started from the comfort of your home! Our easy online credit application is designed for both leasing and buying customers, so everything you need is all in one convenient place. Once you submit your application, our friendly team will reach out to walk you through your options and let you know what you qualify for. If you have any questions along the way, don't hesitate to use the contact form below!

Key Takeaways

Q: Where Can I Shop for a Ford Explorer in Mt. Orab OH?
A:
Mt. Orab Ford on Gabbard Way, right off US-68, can help you get in an Explorer today!
Q: Does Mt. Orab Ford Have Online Financing?
A:
Our team has a variety of online financing tools, including a credit application, a trade-in value estimator, and a payment calculator.
Q: What Are the Benefits of Buying or Leasing a Ford Explorer?
A:
Contact us to learn more about the full benefits of each choice and get personalized advice on which option may work best for your goals.

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May not represent actual vehicle. (Options, colors, trim and body style may vary)