Financing vs Leasing
The major difference between financing and leasing a Ford is that you own a vehicle that you finance. This means that you can sell, trade or otherwise transfer ownership at your discretion assuming that the loan is paid off in the process. If the loan is already paid off, you have the ability to do whatever you'd like with the vehicle as the title will be free and clear.
Leasing means that your simply in possession of the vehicle and have a predetermined amount of mileage. Although you don't own a leased Ford, you are obligated to have it inspected and maintained as if it were your own. Failure to do so could result in a financial penalty at the end of the lease period. You may incur a discharge fee and other costs when you surrender the vehicle.
A lease also allows you to get behind the wheel of a new Ford car, truck, or SUV every few years without any worry of having negative equity in the vehicle. You will have warranty protection for the entire time you are leasing your Ford model.