Ford Lease-End Options
Deciding what to do at the end of a lease can be daunting for many Ford lessees. Ford provides several lease-end options that cater to different needs and preferences. Whether you're interested in getting a new Ford, keeping your current leased vehicle, or simply returning it, this article will guide you through each option, helping you make an informed decision.
Option 1: Purchase or Lease a New Ford
The first choice you have is to lease or purchase another Ford vehicle. This option is ideal if you've enjoyed your current Ford lease experience and want to continue driving a new model. Leasing a new Ford allows you to enjoy the latest features and benefits without the long-term commitment of ownership. The monthly lease payments for a new Ford can be lower than purchasing a vehicle outright, making it an attractive option for many.
On the other hand, if you prefer to own a vehicle outright, purchasing a new Ford may be the best option for you. Owning a Ford provides the freedom to customize and modify the vehicle. It also allows you to build equity in the vehicle over time. Ford offers various financing options for purchasing a new vehicle, including traditional financing or special financing rates for qualified buyers.
Option 2: Purchase Your Lease Vehicle
If you've grown attached to your leased Ford vehicle and can't imagine driving anything else, purchasing your lease vehicle might be the right choice. When purchasing your leased vehicle, you have the advantage of already knowing its history and maintenance records, giving you peace of mind. Additionally, there may be an option to negotiate a reduced purchase price, considering the vehicle's depreciation over the lease term.
To purchase your leased Ford, contact your local Ford dealer or the leasing company to discuss the buyout price and financing options. They will guide you through the necessary paperwork and provide all the information you need to complete the purchase.
Option 3: Return Your Lease Vehicle to a Ford Dealer
Returning your leased Ford vehicle is the simplest and most hassle-free option. If you no longer require a vehicle or prefer to explore other transportation options, returning your lease vehicle is convenient. Before returning the vehicle, schedule an appointment with Big West Ford to facilitate a smooth return process.
During the vehicle return, a Ford representative will inspect the vehicle for any excess wear and tear or mileage overages. Keeping the vehicle in good condition is important to avoid additional fees. Returning your leased vehicle allows you to avoid any outstanding lease obligations and explore other transportation solutions.
Contact Big West Ford in Edmonton
Each option offers benefits and considerations, depending on your preferences and circumstances. Contact Big West Ford in Edmonton for more information on specific lease-end options and to reserve your next Ford vehicle.