Tommie Vaughn Ford

Ford Leasing Department

Ford Leasing Houston, TX

The Tommie Vaughn Ford leasing department can help you lease a new Ford in Houston, TX. Our leasing experts are committed to finding the best Ford lease deals. We work closely with trusted Ford leasing sources to help arrange affordable monthly lease payments.

Finance Department

Mon:
9:00 am – 7:00 pm
Tues:
9:00 am – 7:00 pm
Wed:
9:00 am – 7:00 pm
Thurs:
9:00 am – 7:00 pm
Fri:
9:00 am – 7:00 pm
Sat:
9:00 am – 6:00 pm
Sun:
closed

Ford Lease or Purchase

Thinking about leasing a new Ford? It is important to know about our Ford lease options in Houston so you can decide if leasing a vehicle is best for you.

When you buy a new Ford, you are paying for the entire vehicle. Typically buyers make a down payment, either pay the sales tax in cash or roll the amount into the loan, and then make monthly payments with a set interest rate. This option is great for those who drive many miles, or plan on keeping their car for a long period of time.

When you lease a new Ford, you are only paying for the amount of the vehicle you use. The sales tax is included in the monthly lease payment, which is determined in part by a money factor that is much like an interest rate on a new car loan. Typically the first monthly payment is made when you sign the contract. Ford leasing is a great option for those who want lower monthly payments and a new vehicle every few years.

See our currentĀ Ford Lease Deals in Houston, TX

What Can I Afford?

...
Only an estimate. Excludes taxes, title, license, and insurance.
Price

The total cost of the vehicle.

Down Payment

A down payment is an initial, upfront payment you make toward the total cost of the vehicle. Your down payment could be cash, the value of a trade-in, or both. The more you put down, the less you need to borrow. A larger down payment may also reduce your monthly payment and your total cost of financing.

Trade-in Value

The trade in value is the amount that a dealer is willing to offer you towards the purchase of a new vehicle in exchange for your current one. Itā€™s typically based on the market value of your vehicle (the amount it would sell for on the open market).

Payoff Amount

Your payoff amount is how much you will actually have to pay to satisfy the terms of your mortgage loan and completely pay off your debt. Your payoff amount is different from your current balance.

Additional Down Payment

Additional down payment in cash.

Loan Term

This is the length of your auto loan, generally expressed in months. A shorter loan term (in which you make monthly payments for fewer months) will reduce your total loan cost. A longer loan can reduce your monthly payment, but you pay more interest over the life of the loan. A longer loan also puts you at risk for negative equity, which is when you owe more on the vehicle than the vehicle is worth.

Finance Rate (APR)

This is the annual percentage rate, and is not always the same as the interest rate. This represents the annual rate that is charged, and as such, is the actual annual cost to the consumer over the course of the auto loan. The APR will allow you to more easily shop and compare car loans, since it equates all loans to the same annual rate.

radio_button_checked
radio_button_unchecked
View Inventory

Finance Questions?

Write a note below and one of our friendly finance experts will get you an answer.

  • This field is for validation purposes and should be left unchanged.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.