The lease on your much-loved Ford is almost up, and you know you're going to have some difficult decisions to make in the near future. Lucky for you, there's a team of Ford financing experts standing behind you at Bob Ruth Ford. At Bob Ruth Ford, we're happy to outline your lease-end options and help you choose the one that works best for your budget and with your lifestyle. Even if you didn't originally lease your Ford with us, we're still glad to give you a hand!
Our goal is to make your transition out of your current lease as simple as possible so that your daily driving experiences remain as smooth as ever and your life isn't interrupted when your lease ends. You should start considering your lease-end options when there are about six months left on your lease. The following are the choices you'll have at our dealership when your lease is up.
Purchase Your Leased Vehicle:
If you've come to love your Ford over the years and aren't quite ready to part ways with it, you don't have to! We're happy to sell your leased vehicle to you. Under a Red Carpet Lease, you, the lessee, have the option to purchase your vehicle. If you're interested in finding out your vehicle's purchase price, just contact us here and someone will get in touch with you shortly with your purchase price. If you’ve decided to buy out your lease, we can schedule an appointment for your pre-termination inspection between four and six months from the scheduled lease end date. In order to purchase your vehicle, you'll just have to settle any remaining financial obligations and sign some paperwork to complete your transaction. Any excess mileage and/or wear and tear will NOT have an impact on your purchase price. Usually we can help finance the remaining balance with attractive payment and warranty options.
Buy or Lease a New Ford:
If you don't want to keep driving your current vehicle, our sales team can help you pick out a brand-new Ford to buy or lease. You should schedule a pre-termination inspection with us sometime between 120 and 180 days from your scheduled lease-end date. It’s a good idea to think about your current vehicle and things you may have liked or disliked about it, as well as anything that you wish you had gotten the last time. Then check out our selection of new Ford models!
Return Your Leased Vehicle:
Your last option is probably the simplest one. If your lease is up and you no longer want your vehicle, you can easily turn it in and walk away. Whether you leased your Ford from Bob Ruth Ford or not, we can help facilitate your return. As always, it is a good idea to have a pre-termination inspection at our location between four and six months before your lease is supposed to end. We'll evaluate its overall condition and let you know if there are any excess wear or use charges. You can also schedule repairs or part replacements with us to avoid some chargeable fees.
What's Considered Excess Wear or Use?
- Exterior Body Panels: Four or more dings, dents or scratches larger than four inches on the exterior body panels
- Glass: Any type of glass damage, including chips and cracks
- Lights: Any cracked or broken headlights, taillights or markers
- Wheels: Scratches larger than six inches or gouges greater than half an inch
- Tires: Tire removal and replacement with incorrectly sized tires, or any damage to the sidewall, plugs, exposed cords or belts
- Interior Burn Holes: Three or more per panel that are larger than 1/8 inch.
- Interior Stains: More than two permanent stains larger than a half inch on any panel
- Interior Cuts and Tears: Three or more cuts or tears larger than half an inch on any panel
Get in touch with Bob Ruth Ford today, and we'll go over all your options with you to ensure everything goes smoothly when your lease is up!