White Ford Taurus driving on a covered road

THE FINANCE OR LEASE OPTION THAT’S RIGHT FOR YOU.

Financing Comparison Chart

Use the comparison chart below to help you decide which type of purchase or lease is right for you.

Financing Comparison Chart

Finance

Lease

Vehicle Type

New

Used

Certified Pre-Owned*

New

-

-

Mileage Options

N/A

Three options ranging from 16,000 to 25,000 kilometres per year

Terms

Variety of Terms

Variety of Terms

Unique Benefits

No kilometre limitations

Complete freedom to customize your vehicle

-

-

Customizable kilometre options

Lease-end flexibility

A new vehicle more often

Ownership

You own the vehicle free and clear after your financial obligations are met. It will be yours to keep or trade-in on your next vehicle.

You pay to use the vehicle during the term of the lease and must return it at lease-end unless you choose to purchase the vehicle.

Payment

Monthly loan payments may be higher than comparable term monthly lease payments because you pay for the entire purchase price of the vehicle. Each payment helps build vehicle equity toward future trade-in. Customers may choose between periodic payments of every two weeks or monthly.

Monthly lease payments may be lower than comparable term monthly finance payments because you are paying for the portion of the vehicle's value used during the lease term. Customers may choose between periodic payments of every two weeks or monthly.

Customization

Customize your vehicle at any time.

Customize your vehicle through your Dealer at the beginning of your lease with approved accessories.

Wear and Tear

There are no charges for vehicle wear and tear. Excessive wear will lower the vehicle's trade-in or resale value.

A normal amount of wear and tear is covered. You are responsible for wear and tear in excess of normal limits unless you choose to purchase the vehicle.

End of Term

At the end of the loan, you own the vehicle. It is yours to keep or trade-in on your next vehicle

At the end of the lease, you have the flexibility to either purchase your leased vehicle at a predetermined price or return it.

Finance

Vehicle Type

New

Used

Certified Pre-Owned*

Mileage Options

N/A

Terms

Variety of Terms

Unique Benefits

No kilometre limitations

Complete freedom to customize your vehicle

-

-

Ownership

You own the vehicle free and clear after your financial obligations are met. It will be yours to keep or trade-in on your next vehicle.

Payment

Monthly loan payments may be higher than comparable term monthly lease payments because you pay for the entire purchase price of the vehicle. Each payment helps build vehicle equity toward future trade-in. Customers may choose between periodic payments of every two weeks or monthly.

Customization

Customize your vehicle at any time.

Wear and Tear

There are no charges for vehicle wear and tear. Excessive wear will lower the vehicle's trade-in or resale value.

End of Term

At the end of the loan, you own the vehicle. It is yours to keep or trade-in on your next vehicle

Lease

Vehicle Type

New

-

-

Mileage Options

Three options ranging from 16,000 to 25,000 kilometres per year

Terms

Variety of Terms

Unique Benefits

Customizable kilometre options

Lease-end flexibility

A new vehicle more often

Ownership

You pay to use the vehicle during the term of the lease and must return it at lease-end unless you choose to purchase the vehicle.

Payment

Monthly lease payments may be lower than comparable term monthly finance payments because you are paying for the portion of the vehicle's value used during the lease term. Customers may choose between periodic payments of every two weeks or monthly.

Customization

Customize your vehicle through your Dealer at the beginning of your lease with approved accessories.

Wear and Tear

A normal amount of wear and tear is covered. You are responsible for wear and tear in excess of normal limits unless you choose to purchase the vehicle.

End of Term

At the end of the lease, you have the flexibility to either purchase your leased vehicle at a predetermined price or return it.

* Certified Pre-Owned available on certain premium quality used Ford vehicles. See Dealer for details.

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