River View Ford is the Right Choice for Auto Financing in the Yorkville Area
It’s obvious why River View Ford is the top Ford dealer near Yorkville, IL. Located 11 miles from Yorkville, our wide selection of new and pre-owned Ford vehicles to our top-rated service center and convenient on-site financing, River View Ford is your one-stop shop for all of your automotive needs.
Just a 17-minute drive from Yorkville, IL, River View Ford is your finest choice for an auto dealer. Just follow these easy directions to get to our dealership:
- Head northeast on US-34 E/E Veterans Pkwy
- Turn left onto Orchard Rd.
- Turn right onto U.S. 30 E/E Base Line Rd
- We are on the right, at 2200 U.S. 30 in Oswego, IL
What’s right for you?
Car buyers in Yorkville, IL have two purchasing options when shopping for a vehicle: Buying or leasing. Both options have unique benefits and drawbacks. Our staff at River View Ford are here to help you make the right choice.
Leasing a vehicle can benefit you in many ways. You may be able to get more value for less money through leasing because in contrast to financing, which is based on the full price of the car, leasing is based on only a percentage of the vehicle’s total value. A lease allows you to only pay the difference between the car’s price and its expected worth at the end of the lease. Car leases are a good choice for auto buyers who have a minimal down payment saved up as it takes $0 to around $1,000 to start a lease. Leases often last for 3 years and most vehicles are still under warranty for this time period, meaning that most repairs would be covered by the policy. By leasing a vehicle, you would not have to deal with the hassle of reselling the vehicle. When the lease is up, you can turn in the car and walk away.
Drawbacks to Leasing
While leasing is the right option for some Yorkville car buyers, it does have several drawbacks. While the down payment to start the lease may be less than the down payment for purchasing a vehicle, the monthly payments may be higher. The lease also contains mileage restrictions, and driving in excess of the mileage limit, will result in additional fees. Leasing a car is very similar to renting a car, which you would not be able to make many alterations or modifications to the vehicle. Generally, only buyers with strong credit will qualify for leasing options.
Buying allows you to own the vehicle for as long as you want. While paying off the auto loan, you are building equity into the vehicle. After the loan is paid off, the car is fully yours and you no longer have to include a monthly payment in your budget. There are no mileage restrictions and you have full control over the modifications to your vehicle.
Initially, the down payment may be higher than when leasing a vehicle. The vehicle is not fully owned until the lender is paid off and you are responsible for monthly payments. The value of the vehicle may decrease after purchase and the resale value will be affected. Car loans include interest that may add up over the life of the loan, increasing the cost of the vehicle.
River View Ford’s Automotive Finance Center offers competitive rates and terms on all our vehicles. Our finance experts can help guide you through the financing process to help you get into your new vehicle and choose the right purchasing option for you. Easily apply online to see how River View Ford can help you today!
Choose River View Ford Today
Visit us today to check out our inventory and end your search for a reliable, affordable vehicle. Contact us online or call our financing department at 630-897-8900 to see how we can help you. We can’t wait to serve our Yorkville customers soon!