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Is Buying or Leasing Right For You? | Toronto, ON

Is Buying or Leasing Right For You? | Toronto, ON

Now that you’ve found the luxury vehicle of your dreams at Downtown Lincoln, it’s time to decide if you should buy or lease. If you’re not sure which financing option is right for you, don’t worry. This guide highlights the benefits of both buying and leasing to help you make the right choice for your financial needs.

Visit us here at Downtown Lincoln in Toronto to buy or lease your favorite Lincoln luxury model.
Now that you’ve found the luxury vehicle of your dreams at Downtown Lincoln, it’s time to decide if you should buy or lease. If you’re not sure which financing option is right for you, don’t worry. This guide highlights the benefits of both buying and leasing to help you make the right choice for your financial needs.

Visit us here at Downtown Lincoln in Toronto to buy or lease your favorite Lincoln luxury model.
Buying vs Leasing - Toronto, ON

Advantages of Buying


One of the top advantages of buying a new Lincoln is that you have free rein on how you customize the vehicle. That means you can add as many accessories as you like, whether you want cross bars for your bike, custom gauges inside for a sportier look, or a rear entertainment system for the kids. This freedom extends to how far you drive your vehicle, as there are no mileage limits when you buy your Lincoln. When you purchase your vehicle, you also get to keep it for as long as you want. This means you can pass it down to a family member — or bring it to Downtown Lincoln and trade it in for a newer model at your leisure. Depending on the condition of your Lincoln, a portion of your next vehicle purchase could be covered by the trade-in value.
Buying vs Leasing - Toronto, ON

Advantages Of Leasing


Leasing a Lincoln is a great option for a variety of reasons. For many, the top advantage is that monthly lease payments are often lower than outright buying. Because you don’t have to worry about a down payment, this could allow you to lease a higher trim level of a Lincoln model that you love and get even more premium features. Additionally, because you are required to bring the vehicle back at the end of your lease, you will always have the most advanced technology and safety systems available to you. Another benefit of leasing a Lincoln is that the process of returning the vehicle is simple. Just bring it to our dealership for an inspection and we can get you into your next Lincoln. But if you end up loving your leased Lincoln more than expected and want to drive it longer, you may have the option to purchase the model depending on your lease terms.
Buying vs Leasing - Toronto, ON

Advantages of Buying


One of the top advantages of buying a new Lincoln is that you have free rein on how you customize the vehicle. That means you can add as many accessories as you like, whether you want cross bars for your bike, custom gauges inside for a sportier look, or a rear entertainment system for the kids. This freedom extends to how far you drive your vehicle, as there are no mileage limits when you buy your Lincoln. When you purchase your vehicle, you also get to keep it for as long as you want. This means you can pass it down to a family member — or bring it to Downtown Lincoln and trade it in for a newer model at your leisure. Depending on the condition of your Lincoln, a portion of your next vehicle purchase could be covered by the trade-in value.
Buying vs Leasing - Toronto, ON

Advantages Of Leasing


Leasing a Lincoln is a great option for a variety of reasons. For many, the top advantage is that monthly lease payments are often lower than outright buying. Because you don’t have to worry about a down payment, this could allow you to lease a higher trim level of a Lincoln model that you love and get even more premium features. Additionally, because you are required to bring the vehicle back at the end of your lease, you will always have the most advanced technology and safety systems available to you. Another benefit of leasing a Lincoln is that the process of returning the vehicle is simple. Just bring it to our dealership for an inspection and we can get you into your next Lincoln. But if you end up loving your leased Lincoln more than expected and want to drive it longer, you may have the option to purchase the model depending on your lease terms.

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