Buying vs. Leasing
Buying vs. Leasing
Weigh Your Options
When deciding on a new vehicle, choosing whether to buy vs. lease can be challenging. It varies from individual to individual, depending on the advantages you seek. As your automotive experts, we’re here to assist you in weighing the advantages and differences of buying vs. leasing a vehicle. Keep reading to discover which option best suits you, and visit our Lincoln dealer to start your journey.
Buying vs. Leasing: What’s the Difference?
As a driver, do you find yourself wanting to switch up your car every year or two? If the answer is yes, then leasing a vehicle may be a better-suited option than buying. If you’re looking to invest in your vehicle and build equity, purchasing a vehicle may be your better option. Below you’ll find the key differences between buying vs. leasing to help you make an informed decision.
Buying |
Leasing |
---|---|
Ownership You own your vehicle for as long as you wish on your own terms |
Leasing You are under a lease contract with terms for a designated amount of time |
Loan payments you will pay off the vehicle over time |
Lease payments Lower monthly payments for the vehicle’s depreciation and lower maintenance/service costs (Most automotive brands include the maintenance for 2-3 years) |
Reselling When you decide you want a new car, you will have to either trade-in or sell it |
Trading In At the end of your lease, you simply return it to the dealer without any worry of reselling |
Investing Even though your vehicle’s value will depreciate, you’ll still have equity and cash value |
Renting Although the value of the vehicle you lease has no future effect on you, you will have no equity or investment in it |
Unlimited Mileage Though more miles equals lower trade-in value, when you own your vehicle, there is no cap on the number of miles you can drive |
Limited Mileage A majority of leases limit the number of miles you can drive, and often, you have to pay for surpassing the limit |
Ability to Customize Since you own your car, you can customize any part of your vehicle on your own terms |
Lease Restrictions Having to return your leased vehicle in the same condition limits you from modifying your car in any way |
Final Payments Once you’ve paid off your car loan, you have no further payments to worry about |
Renewing Payments At the end of your lease, you can choose to purchase the car or decide on a new car to lease |
The Choice is Yours
Leasing a car is a lot like renting an apartment; buying a car is a serious commitment and investment of your money. There are distinct downsides to both buying vs. leasing a vehicle, but there are also plenty of advantages to both processes. There is no incorrect choice when it comes to buying vs. leasing. It all depends on which process works best for you. Are you still conflicted on whether to buy vs. lease your next vehicle? Speak with our team, and we’ll work with you individually to find the best option for you.
23 Results
Features
- Adaptive Cruise Control
- Bluetooth®
- Remote Start
- 4WD/AWD
- Keyless Entry
- Keyless Ignition System
More Details
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$5,070 SAVINGS$49,130 FINAL PRICE
- MSRP $54,200
- Dealer Discount $5,070
- Final Price $49,130
- $2,000
-
$5,070 SAVINGS$49,130 FINAL PRICE
- MSRP $54,200
- Dealer Discount $5,070
- Final Price $49,130
- $2,000
-
$5,070 SAVINGS$49,130 FINAL PRICE
- MSRP $54,200
- Dealer Discount $5,070
- Final Price $49,130
- $2,000
-
$5,070 SAVINGS$49,130 FINAL PRICE
- MSRP $54,200
- Dealer Discount $5,070
- Final Price $49,130
- $2,000
Features
- Adaptive Cruise Control
- Bluetooth®
- Remote Start
- 4WD/AWD
- Keyless Entry
- Keyless Ignition System
More Details
-
$4,137 SAVINGS$43,323 FINAL PRICE
- MSRP $47,460
- Dealer Discount $4,137
- Final Price $43,323
- $2,000
-
$4,137 SAVINGS$43,323 FINAL PRICE
- MSRP $47,460
- Dealer Discount $4,137
- Final Price $43,323
- $2,000
-
$4,137 SAVINGS$43,323 FINAL PRICE
- MSRP $47,460
- Dealer Discount $4,137
- Final Price $43,323
- $2,000
-
$4,137 SAVINGS$43,323 FINAL PRICE
- MSRP $47,460
- Dealer Discount $4,137
- Final Price $43,323
- $2,000
Features
- Adaptive Cruise Control
- Bluetooth®
- Remote Start
- 4WD/AWD
- Keyless Entry
- Keyless Ignition System
More Details
-
$4,171 SAVINGS$43,649 FINAL PRICE
- MSRP $47,820
- Dealer Discount $4,171
- Final Price $43,649
- $2,000
-
$4,171 SAVINGS$43,649 FINAL PRICE
- MSRP $47,820
- Dealer Discount $4,171
- Final Price $43,649
- $2,000
-
$4,171 SAVINGS$43,649 FINAL PRICE
- MSRP $47,820
- Dealer Discount $4,171
- Final Price $43,649
- $2,000
-
$4,171 SAVINGS$43,649 FINAL PRICE
- MSRP $47,820
- Dealer Discount $4,171
- Final Price $43,649
- $2,000
Features
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
- Keyless Entry
More Details
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$4,445 SAVINGS$57,045 FINAL PRICE
- MSRP $61,490
- Dealer Discount $4,445
- Final Price $57,045
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$4,445 SAVINGS$57,045 FINAL PRICE
- MSRP $61,490
- Dealer Discount $4,445
- Final Price $57,045
-
$4,445 SAVINGS$57,045 FINAL PRICE
- MSRP $61,490
- Dealer Discount $4,445
- Final Price $57,045
-
$4,445 SAVINGS$57,045 FINAL PRICE
- MSRP $61,490
- Dealer Discount $4,445
- Final Price $57,045
Features
- 360 Cameras
- Adaptive Cruise Control
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 3rd Rear Seat
More Details
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$6,161 SAVINGS$68,064 FINAL PRICE
- MSRP $74,225
- Dealer Discount $6,161
- Final Price $68,064
-
$6,161 SAVINGS$68,064 FINAL PRICE
- MSRP $74,225
- Dealer Discount $6,161
- Final Price $68,064
-
$6,161 SAVINGS$68,064 FINAL PRICE
- MSRP $74,225
- Dealer Discount $6,161
- Final Price $68,064
-
$6,161 SAVINGS$68,064 FINAL PRICE
- MSRP $74,225
- Dealer Discount $6,161
- Final Price $68,064
Features
- 360 Cameras
- Bluetooth®
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
- Keyless Entry
More Details
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$7,026 SAVINGS$72,324 FINAL PRICE
- MSRP $79,350
- Dealer Discount $7,026
- Final Price $72,324
-
$7,026 SAVINGS$72,324 FINAL PRICE
- MSRP $79,350
- Dealer Discount $7,026
- Final Price $72,324
-
$7,026 SAVINGS$72,324 FINAL PRICE
- MSRP $79,350
- Dealer Discount $7,026
- Final Price $72,324
-
$7,026 SAVINGS$72,324 FINAL PRICE
- MSRP $79,350
- Dealer Discount $7,026
- Final Price $72,324
Features
- 360 Cameras
- Bluetooth®
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
- Keyless Entry
More Details
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$6,172 SAVINGS$66,008 FINAL PRICE
- MSRP $72,180
- Dealer Discount $6,172
- Final Price $66,008
-
$6,172 SAVINGS$66,008 FINAL PRICE
- MSRP $72,180
- Dealer Discount $6,172
- Final Price $66,008
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$6,172 SAVINGS$66,008 FINAL PRICE
- MSRP $72,180
- Dealer Discount $6,172
- Final Price $66,008
-
$6,172 SAVINGS$66,008 FINAL PRICE
- MSRP $72,180
- Dealer Discount $6,172
- Final Price $66,008
Features
- 360 Cameras
- Bluetooth®
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
- Keyless Entry
More Details
-
$5,412 SAVINGS$67,518 FINAL PRICE
- MSRP $72,930
- Dealer Discount $5,412
- Final Price $67,518
-
$5,412 SAVINGS$67,518 FINAL PRICE
- MSRP $72,930
- Dealer Discount $5,412
- Final Price $67,518
-
$5,412 SAVINGS$67,518 FINAL PRICE
- MSRP $72,930
- Dealer Discount $5,412
- Final Price $67,518
-
$5,412 SAVINGS$67,518 FINAL PRICE
- MSRP $72,930
- Dealer Discount $5,412
- Final Price $67,518
Features
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
- Keyless Entry
More Details
-
$3,361 SAVINGS$57,379 FINAL PRICE
- MSRP $60,740
- Dealer Discount $3,361
- Final Price $57,379
-
$3,361 SAVINGS$57,379 FINAL PRICE
- MSRP $60,740
- Dealer Discount $3,361
- Final Price $57,379
-
$3,361 SAVINGS$57,379 FINAL PRICE
- MSRP $60,740
- Dealer Discount $3,361
- Final Price $57,379
-
$3,361 SAVINGS$57,379 FINAL PRICE
- MSRP $60,740
- Dealer Discount $3,361
- Final Price $57,379
Features
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
- Keyless Entry
More Details
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$3,511 SAVINGS$58,479 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,511
- Final Price $58,479
-
$3,511 SAVINGS$58,479 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,511
- Final Price $58,479
-
$3,511 SAVINGS$58,479 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,511
- Final Price $58,479
-
$3,511 SAVINGS$58,479 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,511
- Final Price $58,479
Features
- Bluetooth®
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
- Android Auto
- Apple CarPlay
More Details
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$3,911 SAVINGS$58,079 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,911
- Final Price $58,079
-
$3,911 SAVINGS$58,079 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,911
- Final Price $58,079
-
$3,911 SAVINGS$58,079 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,911
- Final Price $58,079
-
$3,911 SAVINGS$58,079 FINAL PRICE
- MSRP $61,990
- Dealer Discount $3,911
- Final Price $58,079
Features
- 360 Cameras
- Adaptive Cruise Control
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 4WD/AWD
More Details
-
$2,812 SAVINGS$44,058 FINAL PRICE
- MSRP $46,870
- Dealer Discount $2,812
- Final Price $44,058
- $2,000
-
$2,812 SAVINGS$44,058 FINAL PRICE
- MSRP $46,870
- Dealer Discount $2,812
- Final Price $44,058
- $2,000
-
$2,812 SAVINGS$44,058 FINAL PRICE
- MSRP $46,870
- Dealer Discount $2,812
- Final Price $44,058
- $2,000
-
$2,812 SAVINGS$44,058 FINAL PRICE
- MSRP $46,870
- Dealer Discount $2,812
- Final Price $44,058
- $2,000
Additional Lincoln rebates may be available to reduce your price further. All prices include freight and destination. Pricing of vehicles on this website does not include options that may have been installed at the Dealership. Pricing includes current Lincoln rebates and manufacturer incentives such as Lincoln Automotive Financial Services Retail Bonus Customer Cash. Manufacturer incentives are subject to residency restrictions. All financing is subject to approved credit. Monthly payment calculator is an estimate and does not include tax, title, license or doc fee of $599. Please contact the Dealership for latest pricing and monthly payment. Published price subject to change without notice to correct errors or omissions or in the event of inventory fluctuations. Price good for 2 days only, please contact store by email or phone for details. While every effort has been made to ensure display of accurate data, the vehicle listings within this website may not reflect all accurate vehicle items. Accessories and color may vary. All Inventory listed is subject to prior sale. Every effort will be made to hold your vehicle of interest but may be sold prior to the time of purchase. In the event your vehicle of interest is sold, we will do our best to find a like model. The vehicle photo displayed may be an example only. Vehicle Photos may not match exact vehicle. Though we make every effort to provide you the most accurate, up-to-date information, occasionally, one or more vehicles on this website may be incorrect due to typographical, photographic, occasional human or technical error. We reserve the right to refuse to honor any incorrect internet prices as we cannot account for the occasional human or technical error. Please confirm vehicle price with Dealership. See Dealership for details.
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Dealer Comments
More Info
Boulevard Lincoln
40 Bridgeville RoadGeorgetown, DE 19947 Driving Directions
Monday | 8:30AM - 8:00PM |
Tuesday | 8:30AM - 8:00PM |
Wednesday | 8:30AM - 8:00PM |
Thursday | 8:30AM - 8:00PM |
Friday | 8:30AM - 8:00PM |
Saturday | 8:30AM - 6:00PM |
Sunday | Closed |
Monday | 8:00AM - 6:00PM |
Tuesday | 8:00AM - 6:00PM |
Wednesday | 8:00AM - 6:00PM |
Thursday | 8:00AM - 6:00PM |
Friday | 8:00AM - 6:00PM |
Saturday | 8:00AM - 5:00PM |
Sunday | Closed |
Monday | 8:00AM - 6:00PM |
Tuesday | 8:00AM - 6:00PM |
Wednesday | 8:00AM - 6:00PM |
Thursday | 8:00AM - 6:00PM |
Friday | 8:00AM - 6:00PM |
Saturday | 8:00AM - 5:00PM |
Sunday | Closed |
Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.