Ford Long Term Lease In Virginia
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The leasing market is dominated by new cars, but you can lease a used car. Pre-owned car leasing is still a niche market, though it is growing as dealers struggle to sell an increasing number of new car lease returns that are in excellent shape and have low mileage.
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.
For this reason, most places won't lease older used vehicles. If a dealership offers used car leases at all, they'll usually only be available on CPO models with good mileage. Used car leases are often unadvertised. Most dealers near Vienna and Fairfax would prefer to sell their used cars instead of leasing them.
A formal lease extension requires you to sign a contract that extends the lease for a set term, often running anywhere from six to 12 months. This type of lease extension may also come with a revised monthly lease payment and revised mileage limits.
Most manufacturers only allow certified pre-owned vehicles to be leased. What differentiates used vehicles and certified pre-owned vehicles? As a general rule, CPO vehicles that are available for leasing must be fewer than 4 model years old and have less than 48,000 miles on them.
In an “As Is” sale, if you do not get the AS IS statement on the front of your buyer's order, and do not get the Buyer's Guide, you have 30 days to cancel the sale. In this case, you may return the car and get back most of the payments you made.
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.
The majority of leases permit 10,000-15,000 miles on the vehicle each year.
Current Incentives and Offers Not all buyers qualify for Ford Credit financing. 5.49% APR for 60 months at $19.10 per $1,000 financed, on Gold, Blue and EV Certified vehicles, regardless of down payment. Take delivery from an authorized Ford Dealer's stock by 03/31/2025. Residency restrictions may apply.
Ford financing 0% extended Looks like ford is now offering 0% apr on both 60 AND 72 months as well as 1.9% on 84 months as of yesterday.
