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.
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.
There are 116,009 matching car leasing deals for Ford models near you. Dealers near you have Ford models available from $375 a month to $1,572 a month for 36 months. Note: Leasing costs can vary based on available inventory, seasonal specials, deals, and other incentives.
Lower Monthly Costs- Generally, long-term leases come with lower monthly rental rates compared to short-term leases.
How to Calculate a Lease Buyout Determine the residual value of the vehicle. Determine the actual value of the vehicle. Compare the residual value and the actual value. Account for license and registration fees. Account for sales tax.
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.
In some cases, you might have the option to extend your Ford lease. This is a good choice if you are not ready to commit to a new vehicle. Speak to our finance professionals for more information about lease extensions.
Red Carpet Lease offers multiple terms and eight different mileage options to fit your lifestyle. Enjoy payments that are usually lower than similar term financing payments and the benefit of driving a new vehicle more often.