Lease Return Options

Ford Lease Returns

As your lease term comes to a close, you have several options to consider. Whether you're interested in upgrading to a new Ford, keeping your current vehicle, or returning your lease, we're here to assist you throughout the process.

Option 1: Upgrade to a New Ford

At the end of your lease, you can trade in your current vehicle for one of Ford's latest models, making the transition to a new car easy.

Advantages of Leasing Again:

• Drive the Latest Models: Enjoy the newest Ford vehicles equipped with cutting-edge technology.
• Minimized Maintenance: Lease agreements often include maintenance packages, reducing unexpected costs.
• Potentially Lower Payments: Depending on the terms, your new lease payments could be similar to or lower than your current payments.

Option 2: Purchase Your Leased Vehicle

If you've grown attached to your leased vehicle, you may want to consider buying it.

Is a Buyout Right for You?

• Condition Evaluation: Consider your vehicle's wear, tear, and mileage.
• Research Market Value: Compare your vehicle's market value to help determine if buying it is the right choice.
• Financial Factors: Compare total ownership costs, including payments, interest, and depreciation, against the buyout price.

Option 3: Return Your Lease

Returning your leased vehicle is straightforward if you're ready to move on.

Pre-Return Inspection:

• Schedule Early: Book your inspection a few weeks before the lease ends.
• Inspection Process: A representative will check for excessive wear and tear and interior and exterior damage.
• Inspection Review: The condition of your vehicle will be assessed based on your lease terms.

Final Steps and Potential Fees:

• When returning the vehicle, be sure to bring your lease agreement, keys, owner's manual, service records, and any accessories.
• Mileage Fees: You may be charged a per-mile fee if you exceed the agreed mileage.
• Wear and Tear: Any excessive wear or damage could incur additional charges.
• Disposition Fee: This fee covers the administrative costs involved in processing your lease return.

As your lease term concludes, take the time to consider your options. Whether you're upgrading, keeping your vehicle, or simply returning it, we're here to support you. Contact us for more information or visit the Ford website for details.