Getting out of Ford Lease?

[Krazybones]

How does that work and what costs are associated?

Thanks - Never done this obviously.

Somebody will make out on my 2022 F150
- Super crew
- 6.5' Bed - W/ spray in Bedliner - Tailgate step, bed lights, etc..
- 5.0 Max Tow Pkg.
- Antimatter Blue (Sport)
- 20" wheels
- Big Screen, B&O Sound pkg, etc...

It is a 2 year lease and I have had it 1 year this month.
Currently 11k miles on the clock and it is a 12k PER YEAR LEASE. (so I am 1k under milage for the year)

I only pay $375 a Month on it. I am sure someone would jump on this.

 

[jsxtreme]

ETA - Sorry you looking to sell or transfer the lease?

Done it with GM - Usually its a ~$600 transfer fee and they have to apply thru Ford credit like if they were leasing it themselves.

With GM you have to have the vehicle 6 months before you can legally transfer it. Not sure about Ford, but you should be ok there.

 

[WhiteHawk]

With how crappy leases are now, I can't imagine you will have any trouble finding a taker. Not sure on the process though.

-Geoff

 

[The Man]

just walk into a Ford dealer and ask them if they want to buy it. get out of the vehicle and the fees associated.

 

[mustangmike6996]

How does that work and what costs are associated?

Thanks - Never done this obviously.

Somebody will make out on my 2022 F150
- Super crew
- 6.5' Bed - W/ spray in Bedliner - Tailgate step, bed lights, etc..
- 5.0 Max Tow Pkg.
- Antimatter Blue (Sport)
- 20" wheels
- Big Screen, B&O Sound pkg, etc...

It is a 2 year lease and I have had it 1 year this month.
Currently 11k miles on the clock and it is a 12k PER YEAR LEASE. (so I am 1k under milage for the year)

I only pay $375 a Month on it. I am sure someone would jump on this.

That is very tempting. Do you have any pics of the truck? I have never leased a vehicle so Im not super familar with the process, do you know what the price would be to buy it after the lease is over?

 

[Krazybones]

Youprobablywouldntlikeit....

I honestly do not know what the buyout value is at end, but If I recall it was pretty high hence the low Lease mos. payment.

 

[WhiteHawk]

Youprobablywouldntlikeit....
View attachment 87885
I honestly do not know what the buyout value is at end, but If I recall it was pretty high hence the low Lease mos. payment.

The buy price should be written in the lease contract. It is agreed upon up front.

-Geoff

 

[mustangmike6996]

Youprobablywouldntlikeit....
View attachment 87885
I honestly do not know what the buyout value is at end, but If I recall it was pretty high hence the low Lease mos. payment.

The buy price should be written in the lease contract. It is agreed upon up front.

-Geoff

PM me the buy price if you can find it. Im due for a new truck but need to run some long term numbers.

Also, that's a really good looking truck.

 

[Krazybones]

The buy price should be written in the lease contract. It is agreed upon up front.

-Geoff

Yes I am aware but that was a whole 11mos ago and I was not concerned with that at the time.

 

[Krazybones]

PM me the buy price if you can find it. Im due for a new truck but need to run some long term numbers.

Also, that's a really good looking truck.

I try and remember to look it up tomorrow.

...and thanks. I still love it.