Please help!!! Between Two cars honda and ford?

Question

I'm looking into two cars.
2017 honda fit and the 2016 ford focus
both are new.
The honda is a bit more but here are the two deals I have
Ford focus first trim level - 2,000 down - 215 a month 6 years
Honda fit second trim - Lease - 699 down - 215 a month

If I get the Honda i plan to buy at the end unless I I find a good reason not too.

I want to keep my car at least 10 years and I'm concerned about the reliability of the ford. The ford has 50/50 reviews and is said to be better for people who want to switch it out after 3-6 years. and is known to have transmission problems..

What does everyone think??

Skoda John · Answer

Never buy a new car at more than 3 years payments or the length of the waranty whichever is shorter.
Second hand never buy over longer than 18 months. This includes end of lease purchase.
A lot happens in 6 years and it is easy to end up upside down
Either put one third or more down.
If you cannot do this you are buying a car you cannot afford.
Look at how much interest you are paying!
This is money thrown away.
Leasing is money thrown away.
Where I am there are interest free deals on new cars.

mccoyblues · Answer

Buy, do not lease the Honda. Leasing is the more costly option if you have long term ownership goals. A loan will cost you less over time than a lease plus a loan(to pay off the balance after the lease).

The Ford won't last you 10 years.

Anonymous · Answer

You are 18. You aren't leasing or buying a car.

patrick · Answer

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Anonymous · Answer

HI actually the lease is a much better option anyway as repairs if it needs them are done under the lease argeement. as is servicing or should be so that will save you a pile too.

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Please help!!! Between Two cars honda and ford?

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