Ford Lease Returns
As your lease agreement nears its expiration, it's time to think about your next steps. Whether you're considering upgrading to a new Ford, purchasing your current vehicle, or simply returning your lease, we're here to guide you through each option.
Option 1: Trade-in for a New Ford
When your lease ends, you can trade in your vehicle and upgrade to one of Ford's newest models, making the transition as smooth as possible.
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Benefits of Leasing Again:
- Access to New Models: Enjoy the latest technology and innovative features.
- Reduced Maintenance Costs: Many leases include maintenance, minimizing repair expenses.
- Potentially Lower Payments: Depending on the circumstances, your new lease payments could be similar to or less than what you're paying now.
Option 2: Purchase Your Leased Vehicle
If you've grown attached to your current vehicle, buying it at the end of your lease is an option worth considering.
Deciding if a Buyout is Right for You:
- Assess Condition: Review the car's overall condition, including wear, mileage, and possible repairs.
- Market Value: Research the car's current market value to assess its resale potential.
- Financial Implications: Compare total ownership costs, such as monthly payments and depreciation, against the vehicle's buyout price.
Option 3: Return Your Lease
If you're ready to part ways with your vehicle, returning it to us is hassle-free.
Pre-Return Inspection:
- Schedule Ahead: Book your inspection a few weeks before the end of your lease.
- Inspection Details: Our representative will assess wear, tear, and any interior or exterior damage.
- Inspection Expectations: The assessment will ensure the vehicle's condition aligns with the lease terms.
Final Return and Potential Fees:
- Be prepared by bringing your original lease agreement, vehicle keys, the owner's manual, maintenance records, and any accessories that came with the car.
- Mileage Overages: Exceeding your mileage limit may result in per-mile charges.
- Wear and Tear Fees: Damage beyond normal wear, such as dents or interior stains, could incur additional charges.
- Disposition Fee: This fee covers the administrative work involved in processing the vehicle's return.
As your lease term draws to a close, you have multiple paths to consider. Whether you decide to upgrade, keep your current vehicle, or simply return it, we're here to assist. Contact us for more details or visit the Ford website for additional information.
