FCE Bank plc has been trading in the UK as a finance company since 1963 under the brand name Ford Credit, offering a variety of retail, leasing and wholesale automotive financial products and services to Ford dealers and consumers. These products and services play an important role in supporting vehicle sales for Ford.
Benefits of Extending a Ford Lease If you're happy with your current vehicle and not ready to lease or finance a new model, a lease extension lets you keep driving it without a long-term commitment. Lease extensions also allow for time to explore other vehicle options if you're unsure what you want next.
Some car manufacturers, including Audi Financial, Acura Financial, BMW Financial Services, and Ford Credit, have partial or complete restrictions on third-party lease buyouts. GM Financial and Honda have also joined the list of brands that don't allow you to sell your lease outside the brand.
The X-Plan applies to friends, non-immediate family members or members of partner organizations that have a special connection with Ford. The Friends and Neighbors X Plan allows Ford Motor Company employees and retirees to sponsor a wide range of friends, neighbors, family members or colleagues for a discount.
Benefits of Extending a Ford Lease If you're happy with your current vehicle and not ready to lease or finance a new model, a lease extension lets you keep driving it without a long-term commitment. Lease extensions also allow for time to explore other vehicle options if you're unsure what you want next.
It all starts 120 days before your lease is over, allowing you plenty of time to research all your options. Those options include returning and leasing a new Ford, extending your lease, or buying your lease.
You may terminate your lease early by following the instructions contained in the "Voluntary Early Termination" section of your Lease Agreement. For more information on lease-end options please visit the Preparing for Lease-End page.
It may be possible for the original lessee to transfer their car lease to another person. This is referred to as a "transfer of equity" or "lease transfer." This process involves finding someone who is willing to take over the lease and agree to the terms of the original contract.