Lease vs. Purchase

at Fox Ford of Chicago

Make Your Choice with Ford Credit

The decision to finance or lease a new Ford in Chicago can depend on several factors, including how often you prefer to get a new vehicle and your driving habits. Determine which best fits you and your lifestyle.

Should I Buy or Lease a New Ford in Chicago?

The biggest difference between buying and leasing is ownership.  Buying a car means that the vehicle is yours to do with and drive for as long as you like.  Leasing a vehicle on the other hand is like renting in that the vehicle is not yours, is usually returned to the owner after all payments are made, and has to be kept in good condition.

Finance or Lease Using the Fox Buy Your Way Program

At Fox Ford Chicago, we make financing or leasing a new Ford incredibly easy thanks to the Fox Buy Your Way program. This five-step process takes drivers from the initial research phases to applying for financing and wraps up with a brand new Ford delivered directly to their home or office. Financing or leasing a new Ford in Chicago can be done entirely from the comfort of your own home with Fox Ford Chicago.

Buying a Ford

Finance a Vehicle - Make it yours

Vehicle financing can be the ultimate reward whether you're considering a new or Certified Pre-Owned Ford vehicle in Chicago.

Financing also has unique benefits and features:

  • Variety of popular terms
  • No mileage limits or excess wear and use charges
  • Customize your vehicle at any time
  • Each payment helps build vehicle equity toward future trade-in

Consider BUYING if you:

  • Like to drive or have a long commute - no worry; buying means unlimited miles
  • Plan to have a large down payment
  • Want to customize - personalizing with aftermarket equipment is allowed
  • Expect to keep the vehicle for more than a few years
  • Want to own the vehicle free and clear - once all payments are made the vehicle is yours

Leasing a Ford

Lease a Vehicle - Retain your option to return or buy

Lease payments are usually lower than similar-term finance payments because you're only paying for the portion of the vehicle's value used during the lease term (and any associated lease charges).

Red Carpet Lease provides unique benefits and features:

  • Variety of popular terms, including our popular 24/36 month leases
  • Seven mileage options to choose from
  • Customize your vehicle at time of purchase with approved accessories

Consider LEASING if you:

  • Can anticipate annual mileage needs over the next few years - miles are limited
  • Keep your vehicle clean and in good working condition
  • Like having the 'latest and greatest' - leasing can mean a new car more frequently
  • Prefer to have a vehicle that is under warranty
  • Value the convenience of returning your vehicle at the end of the agreement

Popular Ford Models to Finance or Lease in Chicago

Ford Trucks

If you're in the market for an affordable monthly payment on a high-powered pickup truck, you've come to the right place. The Ford F-150 has represented the Ford brand's toughness and reliability for many years thanks to its unrivaled combination of elite power, towing, hauling, and state-of-the-art technology. Buyers and lessees have a wide range of powertrain options to help find the configuration that's right for them and their budget.

If full-size isn't what you need, we highly encourage you to check out our inventory of Ford Ranger pickups. Despite their compact size, they manage to pack a lot of power under their hood alongside a driver-friendly fuel economy. You'll get the towing and hauling capabilities you need alongside intuitive technology to help you be productive on the job site.

Ford SUVs

Ford SUVs come in a diverse range of sizes and strengths that sit all over the spectrum. Drivers looking for something small and agile with a practical fuel economy will find everything they need in the subcompact Ford EcoSport and compact Ford Escape. Off-roading enthusiasts will enjoy the next level performance that the all-new Ford Bronco and Ford Bronco Sport bring to the segment, while family-oriented shoppers will enjoy the space of the Ford Explorer or Ford Expedition.


Fox Chicago Ford

2501 North Elston Avenue
Directions Chicago, IL 60647

  • Sales: 773-687-7800
  • Service: 773-687-7800
  • Parts: 773-687-7800

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  • Monday 9am-4pm
  • Tuesday 9am-9pm
  • Wednesday 9am-9pm
  • Thursday 9am-9pm
  • Friday 9am-9pm
  • Saturday 9am-4pm
  • Sunday Closed