Financing & Leasing
Planet Ford makes it easy to secure affordable financing or lease terms when you purchase a new or used vehicle. Our finance experts are committed to finding you the best deal, no matter your credit situation. We work closely with trusted financing sources and can help find you a loan with a low rate and flexible terms.
For more than a decade, we have been helping customers in Spring, The Woodlands, Katy, Conroe, Aldine and the greater Houston area find the automotive financing that works for them. The Planet Ford Financing Department provides financial services to aid in the purchase, protection, security, and maintenance of your vehicle.
Whether you are interested in buying a new Ford, Certified Pre-Owned or leasing a vehicle, our financing professionals will find the right payment plan that’s right for you. They are happy to answer any questions you may have about automotive loans, financing, lease options and APR rates for our vehicles.
Good, Bad, No Credit or First-Time Purchaser? We Can Help!
Let our award-winning team help you find an interest rate, car payment or loan schedule that fits your individual financial needs. No matter what your credit situation is, we are here to try and help you get a great loan. In fact, making car payments on time is a great way for those with bad or no credit to establish credit history and rebuild bad credit. We have built a large network of financing providers, including Ford Motor Credit Company, so we are confident we can find a loan that’s right for you
Contact us today or fill out the online application to get on the road to your next Ford vehicle. Be sure to check out our Ford financing offers, as we offer various incentives and programs each month!
Note: the Planet Ford online credit application is secure, free and there is no obligation after you apply. We take your privacy seriously and never sell or give out your personal information to third parties.
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Use our free online appraisal tool to estimate the value of your trade-in, and our online payment calculator can help you find out what you can afford. When you are ready to buy or lease, you can fill out our quick online financing application, and our finance experts at Planet Ford will help guide you through the rest of the process.
Buying vs. Leasing
Deciding whether to buy or lease a new Ford can be a difficult choice. It is important to know the differences between the two options so you can figure out which is best for you.
When you buy a vehicle, 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 vehicle, 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. Leasing is a great option for those who want lower monthly payments and a new vehicle every few years.
While purchasing a New Vehicle may be the better option for some, there are a number of benefits that come with leasing, particularly from Planet Ford in Spring! We use only Ford leasing, which comes with GAP insurance. And we always have a number of Lease Specials available for those interested in leasing.
Leasing a vehicle often ends up costing far less than buying one. You may be able to put less down initially and still have a lower monthly payment. This is because you are only financing a portion of the total cost of the vehicle. For example, if a vehicle holds 58% of its value after three years, you would only have to finance 42% of the vehicle.
A 3 year, 12,000 mile lease will be covered by a bumper to bumper warranty for the duration of the lease, so you won’t have a period when you have to worry about repair costs.
If you fall in love with your lease, you’ll have to option to buy it. Or you can upgrade to the same model with the latest technology.
What Can I Afford?
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