Lease Return

Is your lease expiring soon? If so, you’re probably wondering about the lease return process. At The Ford Store Morgan Hill, we’re proud to offer a wide variety of lease-end options, and we may even be able to buy out your lease from you!

On this page, we’ll go into detail about the lease return process, so drivers around Morgan Hill, San Jose, and Gilroy, CA, can learn more. If you have any questions, feel free to contact us!

Lease Returns at Our Dealership

As your lease comes to an end, you’ll want to start thinking about your lease return options. At our dealership, we strive to make this process as easy as possible. Our talented team is trained to help you find the right solution for you and your vehicle, and we’ll happily assist you in any way we can.

To make sure your lease return goes smoothly, we recommend scheduling a pre-inspection of your vehicle a few months before your lease termination date. When you bring your Ford to this appointment, a member of our team will inspect your vehicle and provide you with the following:

• A personalized cost consultation and review of your lease-end options
• A professional wholesale/retail appraisal
• Waived deposit on renewed leases
• Special manufacturer incentives
• Ford renewal bonus cash, if applicable
  

You may also be able to avoid any excess wear and use fees. If any repairs need to be performed before your Ford is returned, we can discuss your options with those as well.

Lease-End Options

While you’ll receive an individualized review of your lease return options at your pre-inspection appointment, below are our typical lease return options:

Option 1: Sign a New Lease

If you love having access to the latest and greatest models, technologies, and full factory-backed warranties, you’ll probably want to sign another lease when your current one ends. You can opt for the most recent model of the car you’ve been driving or choose a completely different vehicle to lease. If you choose this option, we can still buy your lease from you!

Option 2: Purchase Your Ford

When your lease is up, you may find that you don’t want to part with your current vehicle—and we don’t blame you! Simply contact our team, and we’ll help you draw up a finance plan, so you can purchase the Ford you’ve been leasing.

Additionally, since pre-owned vehicles are in short supply, our dealership may be able to buy out your lease from you, even before your lease is up! To learn more about this lease-end option, give us a call or use the contact form on this page.

Option 3: Return Your Leased Vehicle to The Ford Store Morgan Hill

If you no longer need your Ford, you can return it to our dealership when all of your monthly payments are complete. In some cases, we may be able to take your vehicle from you earlier. Just contact us, and we’ll take a look at your options.

If you no longer need a vehicle, you can simply walk away after handing us the keys. However, if you’re now in the market for a completely new vehicle, we have plenty of ways to help. To get started, check out our entire inventory online!

With our online tools, you can sort by new, used, and certified pre-owned, and from there, apply filters to narrow the options down to only the ones you want to see. Search filters include model type, age, mileage, and even available features, like Bluetooth® audio and leather seats.

Leasing vs Buying

At the end of a lease, there are quite a few options, and two of the most common ones for drivers are choosing to lease again or buy the vehicle. What’s the best fit for you, however? Each option has its benefits.

Benefits of Leasing

Leasing is a popular choice, and for many reasons. With a lease, benefits include:

• Typically lower monthly payments. Since a lease is like a long-term rental, you’re only paying for the cost of depreciation for the vehicle, not the entire value.
• Fewer maintenance needs. Leased vehicles are new and often come with a warranty that lasts the entire lease period.
• Frequent updates. Technology changes quickly, and every year brings new safety features and connectivity upgrades. With leasing, it’s easier to stay at the forefront of these changes.

Benefits of Buying

Many drivers opt to buy their vehicle or a different one at the end of their lease period, and this option is common for many reasons:

• Customize the vehicle. When you buy a vehicle, you get to personalize it to fit your life. Ford vehicles, especially pickups like the Ford F-150, can perform even better with the addition of accessories and other features.
• Keep the vehicle for as long as you want. If you want to drive your Ford until the odometer hits six figures, you can!
• Build equity. When it is time for another vehicle, the sale price of your current ride can greatly help you pay for your next vehicle.

As you can see, when it comes to end-of-lease options, there is a lot to consider. If you want some more help figuring out what would work best for you, reach out to our experts!

Financing at Our Dealership

Whether you want to lease a new Ford or purchase the leased vehicle you’ve been driving, our Ford sales and finance teams will be here to answer all your questions and guide you through your next steps. Our finance managers have years of experience, so you can feel confident they’re well-prepared to assist you.

Our dealership offers an excellent selection of Ford vehicles you can lease or purchase once your current lease is up. Plus, we offer a variety of deals throughout the year, so we’re sure you’ll find one that works for you. Feel free to browse our latest specials online or contact us to learn more.

To get the ball rolling from home, you can use our online Pre-Approval Form to get pre-approved for a loan in minutes. Our Payment Calculator can help you hammer out what monthly payments will work best for your lifestyle and vehicle of choice. Of course, you can also get started by coming to see us in person!

Learn More About Our Lease Return Options

We hope this page is helpful for drivers around Morgan Hill, San Jose, and Gilroy, California, who are looking to learn more about the lease return process at our dealership. When you’re ready to schedule your pre-inspection appointment, give us a call or stop by our dealership today!

Our team at The Ford Store Morgan Hill is always happy to help drivers with all their automotive needs. Visit us today or shop and buy from home with complimentary vehicle pickup and delivery.