Why Opting for a New Lincoln Beats Buying Back Your Lease
September 04 2023,
When your current Lincoln lease is about to end, you have an important decision to make. While buying back your leased vehicle may seem tempting, opting for a new Lincoln has its own set of advantages. Here's why investing in a new Lincoln model could be a smarter choice.
Financial Benefits
New Lincoln SUVs often come with special financing offers and incentives, like lower interest rates or cash rebates. These incentives can make the monthly payments for a new Lincoln less than or similar to what you would pay if you bought out your current lease.
Full Warranty Coverage
A new Lincoln comes with the peace of mind that a full factory warranty offers. This warranty covers most repairs, saving you money in the long run.
Updated Features and Tech
Lincoln continually updates its vehicle line with the latest technology and safety features. With a new Lincoln, you get the most modern amenities, including advanced driver-assist systems and better fuel efficiency.
Trade-In Option
When your lease is up, the dealer will offer an appraisal for your current Lincoln vehicle. If the appraisal value is higher than the buy-back cost, the dealer will buy the car and use the difference as a down payment for your new Lincoln. This can be a convenient and financially beneficial step, easing the transition into a new vehicle.
Vehicle Upgrades
Lincoln has made several improvements to its vehicles in recent years. New models come with enhanced technology packages, improved fuel efficiency, and more interior space. All these features contribute to a better driving experience.
Choosing a new Lincoln vehicle over buying back your current lease offers financial advantages, a full factory warranty, and access to the latest features. The option to trade-in your leased vehicle for a higher appraisal value adds another layer of financial benefit, making it easier and more affordable to drive off in a brand-new Lincoln.
