Part 2: To Lease or To Buy, That is the Question (Across the Lot)

lebanon ford lease or buy

This is part two of a two part Across the Lot episode series. This week we will look at the financial aspects that should be considered when deciding to purchase or lease a vehicle. You can find last weeks discussion on the qualitative aspects of leasing and buying a vehicle here.

In this episode learn:

The financial differences between leasing and buying a vehicle, how Ford and Toyota have come together, and how we might be seeing more red light cameras.

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Show Length: 24:06

Presented by: Lebanon Ford

Lebanon Ford is a new and used car dealership located in Lebanon, Ohio, serving the greater Cincinnati and Dayton area. Lebanon Ford; Connect, Engage, Drive.

Special Guest: Kody Lowe, New Car Sales Manager – Lebanon Ford

 

Show Notes

00:45 Discussion Topic: Financial aspects of leasing and buying a vehicle

  • 00:51 JC Q1: Do I need good credit to lease a car?
  • 01:22 ZB Q2: What are the financial benefits of leasing over buying? Are there benefits of buying over leasing?
  • 02:33 JC Q3: Are 0% loan payments less than lease payments for the same car?
  • 03:06 ZB Q4: Is leasing a vehicle the same as renting?
  • 04:08 JC Q5: What options are on the table when you’re nearing your lease termination?
  • 04:34 ZB Q6: Is leasing to own a vehicle typically a bad idea?
  • 05:07 ZB Q7: Are there options for people who lease a vehicle and end up wanting out of it?
  • 06:15 JC Q8: Can a dealership “buy out” my current lease and get me into a new lease?
  • 06:59 JC Q9: What penalties are there for people who lease a vehicle and don’t maintain or take care of the vehicle?

You can find Kody Lowe at www.lebanon-ford.com, by email at kodylowe@lebanon-ford.com, or by phone at 513-932-1010

08:00 Answers of the week from last week’s question:  Do you like to lease or buy your vehicles? Why?

09:27 Off the Lot News and Notes

09:35 Jeff: Ford and Toyota: A Joint Venture?

11:55 Zach: Mayor Bloomberg pushes for traffic light cameras ‘on every corner’

19:28 Jeff: Toyota Yaris aimed at people who don’t care about cars

22:50 Question of the Week: Do you care about your car and how it looks?

 

Contact Us

Check out Lebanon Ford on Twitter, Facebook, and YouTube

Jeff Cryder: Facebook, Twitter, and now Google +

Zach Bello: Facebook and Twitter, and now Google +

Suggest a topic for a future episode here

Disclaimer: The views and opinions expressed on Across the Lot are those of the authors and guests and do not necessarily reflect the official policy or position of Lebanon Ford.

About Jeff Cryder Jr.