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Take advantage of current Ford lease specials at our dealership in Houston, TX. Short- and long-term leases are available to suit a variety of budgets. Expedition (54). Expedition Max (28). Explorer (94). F (). F (77). F- (15). The standard features of the Ford Explorer Base include L V-6 hp engine, 6-speed automatic transmission with overdrive, 4-wheel anti-lock brakes (ABS).
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Transit Connect Wagon. Transit VanWagon. Select Trims. Cargo Van. The answer to this question depends on how you plan to use the vehicle. If you like the idea of driving a more expensive vehicle for a smaller monthly payment, leasing is a great option. However, if eventually owning the car is important, financing with a loan is the way to go. What are the restrictions of driving a "borrowed" vehicle? Annual mileage restrictions are a major limitation for customers who choose to lease. Lessors want their vehicles returned in saleable low-mileage conditions, so they place mileage caps on them.
A typical yearly figure is between 12, and 15, miles. So if most of your driving is local, leasing makes sense. However, if you consistently tack on or more miles a week, definitely look into a loan.
What are the other virtues of a loan? Loans are also sensible for those who want to customize their vehicles, plan on keeping their cars for long periods of time and plan to re-sell their vehicles to help recoup the costs of ownership or expenses of additional cars. For those who quickly wear vehicles out, loans may be safer bets as lessors often add "excessive wear" charges if the car is returned with wear over the limits established by the contract.
Why lease? Leasing ensures that you'll always drive a late-model vehicle, won't have to pay for warranty-covered repairs and won't have to bother with re-selling at the end. Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed.
This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Vehicle Service Contract A mechanical breakdown policy that covers the costs of parts and labor for covered repairs. Vehicle Maintenance Programs Prepaid maintenance programs that may include oil and filter change, point inspection, fluid top-off, routine lubrication and tire rotation with every other visit.
Guaranteed Auto Protection GAP Will pay or waive the difference between the actual cash value and net loan payoff in the event your vehicle is a total loss due to fire, theft, or collision.
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Theft Programs LoJack - Vehicle recovery system that works in conjunction with the police department. Three key elements: General loan specifications: Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car. Owning a lease vehicle is possible if purchased outright after the lease period ends. A typical lease period runs between 24 and 48 months. Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease. Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Pay more money down initially to reduce monthly loan payments. For the campaign, the Ford Explorer garners a five-star safety rating from the National Highway Traffic Safety Administration, as well as top honors from the Insurance Institute for Highway Safety. Phone Email Text. Refine Search. Special Offers Only. Inventory Search. Sort by: Low to High Year: High to Low Price: Low to High Price: High to Low Make: A - Z Make: Z - A Model: A - Z Model: Z - A Trim: A - Z Trim: Z - A Body Style: A - Z Body Style: Z - A Distance: Near to Far Distance: Far to Near. Sneak Peek View Options.
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