Now that you've poured over all the numbers and determined which Ford car, truck, or SUV is for you, it's time to decide whether you'll be buying or leasing your vehicle through our Ford dealership in Overland Park, KS. While there are several benefits to both, we've chosen to highlight the differences for our customers who haven't yet made their final choice.

If you have any inquiries regarding buying vs. leasing a Ford, give our team of finance specialists a call at (855) 437-7998, where our staff will answer all of your questions to your complete satisfaction.

Buying vs. Leasing: Pros and Cons

With several pros and cons for both leasing and financing, the ultimate decision comes down to your personal preference. For those that want to upgrade their vehicle every few years and make lower monthly payments, a lease agreement is the ideal option. If you are worried about customization and mileage restrictions, you will definitely want to consider a finance offer. Take a look at the table below for a full list of advantages and disadvantages.




You own the vehicle outright.

Unless you decide to purchase after the lease is concluded, you will not own the vehicle.

Up-front Costs

Includes cash price for down payment, registration, taxes, and any additional fees.

Typically includes first month's payment, security deposit, down payment, registration, taxes, and any additional fees.

Monthly Payments

Loan payments tend to be a bit larger, as you'll be paying off the entire price of the vehicle.

Lease payments are generally lower, as you'll only be paying for the portion of the vehicle's life you'll be driving it.

Future Value

Your vehicle will depreciate in value over time.

Depreciation does not affect lease offers.


You may drive as many miles as you like.

Most lease agreements limit the amount of miles you drive to no more than 15,000 miles per year.

Wear and Tear

Excessive wear and tear may lower your vehicle's value, but otherwise has no effect.

You'll be responsible for excessive wear and tear and may incur additional fees as a result.


You may customize and modify your vehicle, as you like.

The vehicle must be returned in the same condition it was in when you originally leased it.

End of Term

At the end of a loan agreement, you will own the vehicle.

After the lease agreement has ended, you'll have the option to purchase the vehicle or lease a new one.

Contact Bob Allen Ford in Overland Park, KS

If you have any questions for the team of finance specialists at our Ford dealership in Overland, KS, please don't hesitate to reach out to Bob Allen Ford using our online contact form or by calling us directly at (855) 437-7998.