Red River Ford Finance Center
Red River Ford takes the stress out of auto financing. From advice on whether to buy or lease to finding the best rates available, our finance team will work with you every step of the way to craft finance terms that work for your lifestyle and budget.
We Make it Easy!
Should You Lease Your New Red River Ford Vehicle?
Leasing is a great choice for shoppers who like to drive a new vehicle and want to keep their payments low. Once your lease term is up, you can trade up for a newer model, buy it outright, or simply return it and walk away when the lease it over.
Benefits of Financing
Customers who intend to hold onto their vehicle for a while should consider a loan. Our flexible financing plans can get you into a new or used vehicle with terms that will reduce your overall costs while you build equity in your vehicle.
Flexible Credit Options
Red River Ford can help you get into the new or used vehicle you deserve. With monthly specials, factory offers, and competitive rates, we go the extra mile to give you the options that work for your lifestyle.
Frequently Asked Questions
This important choice comes down to your monthly budget and how you expect to use your vehicle. Leasing typically comes with a lower monthly payment than a traditional loan, but there are restrictions on mileage and customization. On the other hand, a loan may be associated with a higher payment but you will be building equity and will spend less over the life of the vehicle.
We will work with you to craft the deal that works for your budget. Most loan terms will fall between 48-72 months, with longer financing terms resulting in lower payments.
We’ve worked with countless customers with all kinds of credit to help them discover their financing options.
In most cases, we can offer financing with no down payment. We can also roll taxes, registration, and fees into the financing deal if that works best for you.
Ready to begin?
Welcome to Our Financing Department
Are You Thinking About Financing or Leasing a Ford in Durant?
You can only drive your current vehicle for so long before the day arrives when it requires replacing. Why not check out our new Ford models at Red River Ford to see what upgrades you can make after looking at our available Ford SUVs and trucks? We have several popular pre-owned Ford models available, and customers can take advantage of the quality manufacturing that goes into a Ford. We can also help those wondering whether to finance or lease a vehicle. There are upsides to both, and customers have plenty of factors to weigh.
The Ford models in our inventory include sports utility vehicles, such as the Expedition, Explorer, and Edge near Hugo. Others include Ford trucks like the F-150, Ranger, or Maverick. The super-duty Ford F-250 and F-350 are commercial truck options, and the Lighting is Ford's unique electric truck.
Financing and Leasing a Ford
The main difference between leasing and financing is that when someone finances the vehicle to become the owner, they are under no obligations to the dealership or lender once they pay off their vehicle. With a lease, the customer essentially signs an extended rental agreement with the understanding that they must return the vehicle at the end of the lease contract.
When do customers return their leased vehicle? The answer depends on the contract term, but most leases are 24 or 36 months. Sometimes, drivers can extend their lease in special circumstances. Also, there are mileage caps with the lease contract. Going over those mileage caps can incur additional fees and penalties.
Points About Owning and Leasing
People interested in purchasing their vehicle likely want to drive the model for as many years and miles as they wish. Those who drive only a little may prefer owning the vehicle as they put on a few miles and wear and tear per year, meaning the vehicle could last well over 80,000 miles and ten years without the maintenance issues of something driven more. Essentially, owning a vehicle gives drivers the freedom to drive as much or as little as they want.
Others want to drive the latest models, as they come with the newest technology and safety features. Of course, leasing a brand-new vehicle means the person acquires a model with virtually no odometer miles and no wear and tear. Mechanical issues that are the fault of the manufacturer are generally under warranty. This point about warranties is usually the case with both leased models and financed ones.
Costs and Incentives
Again, there are similarities between the application for leasing and financing. Expect to pay less per month with a lease premium since the price only includes depreciation, not a transfer of ownership. Another point to consider is that while financing payments are generally higher, they eventually end, whereas lease payments continue indefinitely.
Our team at our Calera dealership wants to help customers get the best rates on APRs and terms. Please check our website or contact the office to inquire about financing and leasing incentives and special offers. Getting a good deal on a lease or loan can make acquiring a new Ford SUV or truck more affordable.
Vehicle Trade-Ins
Whether purchasing or leasing a vehicle, the customer can make a trade-in that lowers premiums. A trade-in combined with a generous down payment further reduces costs. Also, trading an older car at our dealership provides a way of selling it without the hassles of a private sale.
Check Out Our Ford Models near Kingston
Check out the current Ford models available at our Atoka dealership when you visit. If you need assistance with the financing or leasing application, please give us a call.
Financing and Leasing a Ford
The main difference between leasing and financing is that when someone finances the vehicle to become the owner, they are under no obligations to the dealership or lender once they pay off their vehicle. With a lease, the customer essentially signs an extended rental agreement with the understanding that they must return the vehicle at the end of the lease contract.
When do customers return their leased vehicle? The answer depends on the contract term, but most leases are 24 or 36 months. Sometimes, drivers can extend their lease in special circumstances. Also, there are mileage caps with the lease contract. Going over those mileage caps can incur additional fees and penalties.
-
Red River Ford
402 Westside Drive
Durant, OK 74701
- Sales: (580) 924-9458
Loading Map...