There are many reasons to consider a Ford lease when it comes time for a new car, truck, or crossover, and Helfman Ford is here to help you navigate the process with ease. One of the many benefits of leasing a vehicle is the savings.
Leased vehicles have lower down payments than purchased vehicles, if there is a down payment at all, as well as smaller monthly costs. But if you’ve noticed an increase in lease payments, you’re not alone. Here are a few of the top reasons lease payments may be more costly than in the past.
There is a Supply Shortage
Over the past few years, supply lines have suffered disruptions. This means that drivers may have experienced difficulty ordering parts needed for repairs, but also that the vehicles themselves are not being produced at the same rate. A smaller number of vehicles drives up the cost of those cars, increasing down payment and monthly payment rates.
There Are Fewer Incentives
Manufacturers very often offer incentives and specials on leased vehicles. But with shortages on supplies, inventory is smaller than it has been in the past, and demand for vehicles is higher. To that end, manufacturers are limiting or reducing incentives, to ensure they break even on vehicle costs.
Learn More at Helfman Ford
The Ford financing process doesn’t have to be overwhelming. Here at Helfman Ford, we’ll work one-on-one with your specific financing needs, whether you’re purchasing or leasing, to make sure you take home the right car at the right price. Learn more about leasing your next car at our dealership today
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