Lease Return Options

Ford Lease Returns

As your lease term reaches its final stages, there are several decisions ahead. Whether you're considering upgrading to a new Ford, buying your current vehicle, or returning the lease, we're here to guide you through the options.

Option 1: Upgrade to a New Ford

Once your lease ends, you can trade in your current vehicle and seamlessly upgrade to a brand-new Ford, ensuring a smooth transition into your next vehicle.

Advantages of Leasing Again:

• Access the Newest Models: Drive the latest Ford vehicles with cutting-edge technology and features.
• Reduced Maintenance Costs: Leasing often includes maintenance, minimizing unexpected out-of-pocket costs.
• Potentially Lower Payments: Depending on your lease terms, your new monthly payments may be similar to or lower than your current ones.

Option 2: Purchase Your Leased Vehicle

If you've grown attached to your current vehicle, purchasing it at the end of your lease may be a great option.

Factors to Consider:

• Vehicle Condition: Evaluate its condition, including wear, tear, and mileage.
• Market Value: Research the current market value to see how it compares to the buyout price.
• Financial Considerations: Consider the total cost of ownership, 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:

• Timing: Schedule your pre-return inspection a few weeks before your lease ends.
• Process: A representative will examine your vehicle for any wear and tear or damage.
• What to Expect: The vehicle's condition will be assessed against the terms of your lease agreement.

Final Steps and Potential Fees:

• When returning your vehicle, remember to bring your original lease documents, all keys, the owner's manual, service records, and any accessories that came with the car.
• Mileage Fees: Exceeding your mileage limit may incur additional charges.
• Wear and Tear: Excessive damage or wear could result in extra costs.
• Disposition Fee: This fee covers the administrative expenses involved in processing your lease return.

As your lease nears its end, you have several choices to make. Whether you're upgrading to a new model, keeping your current vehicle, or simply returning it, we're here to support you. Contact us for more information or visit the Ford website.