Ford Lease Returns
As your lease term nears its conclusion, you'll need to consider your next steps. Whether you're planning to upgrade to a new Ford, purchase your current vehicle, or return the lease, we're here to assist you with your decision.
Option 1: Trade-in for a New Ford
At the end of your lease, you can easily trade in your current vehicle and upgrade to one of Ford's newest models for a smooth transition into your next vehicle.
View Our New Inventory
Benefits of Leasing Again:
- Drive the Newest Models: Enjoy the latest technology and features that Ford has to offer.
- Reduced Maintenance Costs: Many lease agreements include maintenance plans, which help to minimize your out-of-pocket expenses.
- Potentially Lower Payments: Depending on your agreement, monthly payments on a new lease could be lower or similar to your current payments.
Option 2: Purchase Your Leased Vehicle
If you've become attached to your current vehicle, purchasing it may be your right choice.
Consider a Buyout:
- Check Condition: Evaluate your vehicle's wear, tear, and mileage.
- Compare Market Value: Research the current value of your vehicle to see how it aligns with the buyout price.
- Financial Factors: Compare the overall ownership costs, including monthly payments, interest, and depreciation.
Option 3: Return Your Lease
Returning it is straightforward if you're ready to move on from your leased vehicle.
Pre-Return Inspection:
- Schedule Ahead: Set up a pre-return inspection a few weeks before your lease ends.
- Inspection Process: A representative will check your vehicle for wear, tear, and any damage.
- Terms of Lease: The inspector will assess your vehicle based on the terms outlined in your lease agreement.
Final Return Steps and Possible Fees:
- When returning your vehicle, bring your lease paperwork, all keys, the owner's manual, service records, and any accessories that came with the car.
- Mileage Overages: Exceeding your mileage limit may result in additional charges.
- Wear and Tear Fees: Any excessive wear or damage may incur extra costs.
- Disposition Fee: This fee helps cover the administrative costs of processing your lease return.
As your lease draws to a close, consider your options. Whether you're ready for an upgrade, want to keep your current vehicle, or simply return it, we're here to help. Contact us or visit the Ford website for more details.
