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You absolutely can! During the end of the lease negotiation process, these steps can help ensure that you are getting the best deal possible: Research and be prepared ? In most cases, the leasing contract includes an estimate of the vehicle's value at the end of your leasing contract.
If you want to view your Ford Credit payoff online: Sign in to Account Manager. Click on "View Payoff Amount." Within the document, you will find the address to send your payoff check.
Contact your lender directly to see if they'll accept a lower price for the vehicle and to see if there are any car lease early termination fees that you may need to pay. With this knowledge, you can begin your end of lease negotiation. Make an offer: After you've done your research, approach your lender with an offer.
The average lease payment for the Ford Explorer is $583/mo with $2,000 due at signing for a 36-month term with 12,000 annual mileage limit. Average monthly lease payments for the same deal but with 24-month or 48-month term lengths are $690/mo and $559/mo respectively.
Buy out the lease vehicle for the purchase price (if applicable) in your lease agreement or; Return it, and walk away (subject to applicable fees or charges)