Buy vs Lease near Libertyville, IL

Because bringing home a new vehicle involves plenty of financial considerations, it’s important to have an idea of what your options are. Two of the most common ways to pay are buying with a financing plan or leasing a car, and we understand if learning the difference has been confusing! Let us give you a helpful overview and explain why Gillespie Ford is the place to shop no matter which you choose.
Leasing
We’ll begin by discussing the leasing process, which many car shoppers are taking advantage of these days. It may be a popular avenue because of how affordable it can be — since you’re basically borrowing the vehicle from us, you only need to cover its depreciating value while you have it in your possession. Flexibility is also a big benefit, since you can choose the length of your lease and set your mileage limit, which will help you dial in the monthly payment amount that's right for you. Finally, you’ll have options when the lease is up. You can simply return the keys to us and head home, begin a new lease with a factory-fresh model, or even pay off the remaining value on your current car if you can’t bear to part with it. We’re happy to accommodate whichever choice you make!
Financing
By contrast, financing a car will end up with you becoming its owner. That’s because we’ll split up the total sticker price of the vehicle into monthly payments, which can be a great option if you’re on a tight budget and would prefer organized installments over a big lump sum charge. Financing is often backed by a loan, and we’ll do the legwork to help you out — by coordinating with our network of trusted lenders, we’ll secure you some options that are ideal for your monetary situation. Our website makes things easy, too, hosting plenty of resources under the “Finance” tab. You’ll find a Finance Application, a form to get pre-approved, and even a Payment Calculator that allows you to crunch some numbers, determine your buying power, and estimate what your monthly installment amount will be.
Inventory
Ready to lock down the logistics and have some fun browsing for your new ride? We’re here for you! Check out the “New” tab at the top of our website and begin looking. You can start by choosing your model or browsing everything we have, and once you get to the inventory page, you’ll have even more filtering options. On the left, the “Narrow Your Search” tool lets you dial in your ideal ride based on factors like engine, fuel economy, or even color! If you think a particular vehicle has potential, give it another click for further details like safety information and awards. Then, head down to our dealership and have a seat inside!
If you’ve been deliberating whether to buy vs lease near Libertyville, IL, we hope this information has brought you some clarity. We’d love to continue the conversation in person, so visit us today at Gillespie Ford! If any questions arise before then, never hesitate to contact us.
Sales Hours
847-281-5507
| Monday | 9:00 am - 9:00 pm |
| Tuesday | 9:00 am - 9:00 pm |
| Wednesday | 9:00 am - 9:00 pm |
| Thursday | 9:00 am - 9:00 pm |
| Friday | 9:00 am - 9:00 pm |
| Saturday | 9:00 am - 6:00 pm |
| Sunday | Closed |

Dealership Information
Testimonials
“ Worked with Everardo to buy my new Raptor, what a fine young man and professional. The entire dealership staff was very courteous and pleasant to work with. Thank you!!! ”
“ Gordon was fantastic, and very attentive. :) ”
“ Hi Manny, I just wanted to thank you for your help with purchasing my 2023 Ford. You made the whole process smooth and easy, and I really appreciate your professionalism, patience, and honesty throughout everything. It was a pleasure working with you, and I’m very happy with my new car. I’ll definitely recommend you to anyone looking to buy a Ford. Thanks again for everything! Best regards, Sapa ”
“ Had Gordon out to do a mobile recall service on my F-150. He was professional, personable, and efficient. Will definitely look into more mobile service from Gillespie on my fleet after this experience from Mike setting it up to Gordon's great service! ”
Overall quickest and easiest vehicle purchase I’ve had.
“ Overall quickest and easiest vehicle purchase I’ve had. Thank you to the Gillespie team. ”
“ Thanks Everado! Great experience at Ford. 👍👍 ”
“ Everardo was very helpful and easy going. Very glad of his help and service. 100 percent recommended ”
Everardo was very helpful.
“ Everardo was very helpful. He did an amazing job finding what we want and easy payments ”
Months after buying my auto I needed some lost paperwork.
“ Months after buying my auto I needed some lost paperwork. Edgar Huerta our sales person was able to locate it and forward to us ASAP. He and the Gillespie sales group are there for you, even after the sale ”
Very nice friendly sales person helped us get in to a
“ Very nice friendly sales person helped us get in to a very nice car and answered questions about the vehicle that we were interested in purchasing ”
Everado made the process quick and easy.
“ Everado made the process quick and easy. Went in and shared what we were looking for and got the job done! ”
“ Everardo answered all our questions making the process quick and easy! ”
“ Very nice friendly sales person helped us with everything answered every question and was very helpful and polite if you need a car go see everardo fajardo ”
“ Great communication excellent service. It was an overall good experience. ”
Thank you very much Everardo.
“ Thank you very much Everardo. Great experience. 100 percent recommend checking out here. Ask for Everardo ”
“ Everardo was fantastic! Thank you ”
“ Went in for an oil change And was pleasantly surprised to get my car back after a Car wash ”
“ Extremely fast and efficient. Would 10/10 recommend brining your vehicle here. If so, seek out Jonathan Embree. He is extremely courteous and professional. Kept me updated throughout the entire process. ”
“ Gillespie Ford made the car-buying process straightforward and low stress from start to finish. The team was knowledgeable, answered my questions clearly, and never made me feel rushed or pressured. Everything was explained up front and the paperwork moved quickly. I left feeling confident in my purchase and would definitely recommend them to anyone looking for an easy, professional experience. ”
“ Excellent selection and incredibly knowledgeable sales staff. The finance department is also top notch. ”
It was an amazing experience.
“ It was an amazing experience. Mr.Gillespie connected me with Edgar and from there I knew I was in good hands. ”
“ Fast, efficient and professional every time I go. ”
“ (Translated by Google) undefined (Original) Had a bad experience here years ago. Now! Now. They are wayyyyy better. Will definitely be coming here from now on! ”
The process was simple and fast.
“ The process was simple and fast. Thanks to Ed and his great communication! I’ll never buy elsewhere. ”
“ (Translated by Google) undefined (Original) Edgar took care of us from start to finish. Thank you Gillespie Ford team! ”
Edgar Was amazing.
“ Edgar Was amazing. He took care of us every step of the way. Mike always have the solution to our car needs. Thank you Gillepsie Ford. ”
“ I got in contact with Jim dye about a specific car. He set up and an appointment and got all the info I asked for. When we got to the dealership for our appointment, he made sure that the car was warmed up and nice and cozy inside in the cold weather! He is super nice and talks to you like a person and not a salesperson. Couldn’t recommend Jim Dye and the amazing crew at Gillespie Ford enough! ”
“ I went to Gillespie Ford in Gurnee on Grand Avenue earlier in the week. The salesman I talked to was Everado. He was able to get a car for us to try out on the ones we were interested in. Everado did an excellent job of explaining the features of the cars we tried out. We were asked what other types of cars that we were interested in and what dealers we were going to next. We mentioned that we were interested in the Lincoln Aviator. Everado went and found a 2025 Reserve II used model with only a few miles on it. We test drove the Aviator and were very thankful that Everado found one for us to check out and test drive. Any technical questions we had on the vehicles were answered by Everado. We enjoyed our time with him and highly recommend him to help you in your search. Chuck & Donna ”
“ Great dealership to work with. Very professional and everyone was very nice. ”
“ Fast and easy process. No pressure sale. Thanks Ed! ”
“ Gordan was amazing. He was on time for my appointment ( 5 mins early to be exact) he went over everything with me and was very informative. ”