Buying vs. Leasing at Vanderhyde Ford

Overview

Auto financing is a big part of what we do here at Vanderhyde Ford. We're committed to helping car shoppers from Cedar Springs to Grand Rapids, MI secure affordable payment plans, whether that's through a lease or auto loan. But which option is right for you? Leases and auto loans each offer compelling advantages. The one you choose depends on your priorities.

Advantages of Financing

Buying with an auto loan is a great option for car shoppers who aim for long-term ownership. A loan offers full ownership of a vehicle while still allowing for the convenience and affordability of monthly payments. You won't have to worry about restrictions on mileage or modifications. Plus, you can cash in on the trade-in value of your vehicle when you decide to move on. Loans are also available for both new and used models.

Advantages of Leasing

If you're eager to upgrade to the latest models more frequently or want to find the lowest monthly payment possible, leasing may be the way to go. These deals operate similarly to long-term rentals, allowing drivers to borrow cars from the dealership in exchange for monthly payments. Since you're not paying for the full value of the vehicle, your lease minimum monthly payments will likely be much lower than with a loan. Plus, you can upgrade to a new model every 18 months to three years.

  

Visit Vanderhyde Ford for All Your Financing & Leasing Needs

Vanderhyde Ford is ready to work with you to sort out your finance options. Whether you prefer a lease or a loan, our team of finance professionals will help you evaluate the options available and choose a plan that works for you.

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Important Privacy Information

Privacy Statement

Introduction
As a valued customer, we want to ensure your private information is kept private and only shared with those companies who are authorized either by yourself or as allowed or required by law. This document explains our privacy policy, gives you reasons why we ask for the type of information we do, and if we do reserve a right to share information with non-affiliated third parties, lets you "opt-out" of our reservation to do so. Please take a moment to read this entire policy.

Collection of Information
The purchase of a motor vehicle requires considerable accumulation of nonpublic personal information. For example, if we sell or lease you a vehicle - extending you credit at your request - we will receive information from you in order to determine your creditworthiness. We may also obtain information from a credit-reporting agency. We may also obtain information from third parties such as employers, references and insurance companies.

Some of the information we obtain from you may be required by state of federal agencies, such as the Department of Motor Vehicles or the Internal Revenue Service. This information may be required even if you were to pay cash for your vehicle. Examples would be a driver's license or social security number.

Protecting Your Information
We safeguard nonpublic personal information according to established industry standards and procedures. We maintain physical and electronic safeguards that comply with state and federal law. We restrict access to nonpublic personal information about you to those employees and outside contractors who need to know the information to provide product or service to you. We prohibit our employees and agents from giving information about you to anyone in a manner that would violate any applicable law or our privacy policy.

Information Sharing
Unless we have indicated our desire to share your nonpublic personal information with non-affiliated third parties (by checking the box in the section below), we share information:

A) For everyday business purposes, such as to process transactions, maintain account(s), respond to court orders and legal investigations, or report to credit bureaus.

B) For purposes of processing a sale or lease transaction as your request or authorize, such as submitting information to third party financial institutions that may be requested to take an assignment of the contract or verifying insurance coverage information.

C) When using outside service providers to help us provide you with products and services. Before providing information to our service providers we enter into contractual agreements prohibiting them from disclosing or using the information other than for the purpose it was disclosed.

D) With "Affiliated" companies. Companies that are affiliated with us include any company that controls us, any company we control, or any company under common control with us.

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I am interested in purchasing or leasing a vehicle and request that my Consumer Credit Report be obtained, at no cost to me, in order to help determine the types and extent of financing which may be available to me.
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Contact

Vanderhyde Ford

345 N Main Street Northeast
Directions Cedar Springs, MI 49319

  • Sales: (616) 696-1541
  • Service: (616) 696-1541
  • Parts: (616) 696-1541

Hours

  • Monday 8am-8pm
  • Tuesday 8am-6pm
  • Wednesday 8am-8pm
  • Thursday 8am-6pm
  • Friday 8am-6pm
  • Saturday 8am-2pm
  • Sunday Closed
  1. Vanderhyde Ford

    345 N Main Street Northeast
    Cedar Springs, MI 49319

    • Sales: (616) 696-1541
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