Buying vs. Leasing — What’s the Difference?

If you’re like most folks in Naperville or Montgomery shopping for a new vehicle, then there’s a good chance that you’re working on a budget. This means you probably won’t be paying for your new car up front. Instead, most people who shop here at River View Ford will choose to finance or lease their new vehicle.

Finance Contact Us

Benefits of Buying

Many people who come to our dealership from Yorkville and the surrounding areas want to finance their vehicle. There are a variety of different advantages, including:

  • Ownership – Each monthly payment you make on a financed vehicle is helping you build equity. By the time you finish paying off the vehicle — usually 36, 48, or 60 months — you’ll own the car outright.
  • Customization – When you own your car, you can do what you want with it. Add a custom paint job, put in a custom stereo system, or install performance-enhancing equipment. You won’t be penalized for making it your own.
2018 Ford Mustang Interior 2

Benefits of Leasing

The other option is to lease a vehicle. With this option, you borrow the car for a period of time and have the option to purchase it or return it when the lease term is up. There are also a variety of different advantages to leasing as well:

  • Affordability – In general, vehicle leases come with lower down payments and lower monthly payments. This means that you can afford to drive a nicer vehicle for less, while keeping more money in your account every month.
  • Newest Features – Leases usually come with shorter terms than financing plans, usually 24 or 36 months. This means that as soon as your lease is done, you can bring it in and get a new lease on a vehicle with the latest technology, performance, and design features installed.
2018 Ford Mustang Exterior 2

Explore Your Finance Options at River View Ford

Which is the better option for your next car? Visit River View Ford to take a test drive and chat with our finance staff about the differences between financing and leasing. Contact us to learn more or visit our showroom in Oswego.

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What Our Customers are Saying

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Google Jun 22, 2018
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Facebook Jun 21, 2018

Best car buying experience hands down. Craig, Rich & Greg made the process so easy and do I dare say it.... Enjoyable!. Will not buy from another dealer! Thank you soooooo much!

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DealerRater Jun 20, 2018

Other dealerships claim bo haggle prices, but Riverview Ford will give you the best price from the get go. There is no need to haggle.

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DealerRater Jun 18, 2018

We were treated with great service and exceptional effort. The dealer looked across several states to find the vehicle we wanted. We have not experienced this level of service ever from a dealer.

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DealerRater Jun 17, 2018

This was by far the best car buying experience my husband and I ever had. They made the process painless. This is my forever dealership!

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DealerRater Jun 14, 2018

I had limited time to buy a truck, and went to many different dealers with a specification list. Craig was the ONLY one that responded in a timely fashion, followed up, and went the extra mile to get the truck I needed.

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Facebook Jun 13, 2018

I don’t have much to say other than it’s a great place that will take care of you. Mark was our salesman and he was awesome he went out of his way to help us get our cars and he even hooked up my parents too. Everyone in my family now owns a ford thanks to river view and mark. ���

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DealerRater Jun 11, 2018

I was originally looking for a used low millage car for my son who just graduated high school. We utilized the Costco Car program and met Craig during that process. We visited several different dealerships from Mazda, Chevy, etc... Craig by far was the kindest and easiest to work with. We ended up moving to a brand new Ford Fusion and it was the best decision. The car is great and the experience was awesome for my son getting to go through for his first brand new car.

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Google Jun 10, 2018
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Google Jun 5, 2018

Been a customer here for the past 15 years. Got my last 6 cars here from Corey.

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2200 US Highway 30 • Oswego, IL 60543

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River View Ford
River View Ford
2200 US Highway 30
Oswego, IL, 60543 United States
River View Ford 37.1717374, -95.1100793.