Ask a Lease Expert at Jordan Ford
Leasing a car is a smart option for many drivers -- but understanding the ins and outs can feel overwhelming. At Jordan Ford in San Antonio, our mission is to make the leasing process as transparent and stress-free as possible.
Devon Shaw, our New Vehicle Sales Director-- is your go-to resource for all things Ford leases. Whether you're leasing a vehicle for the first time or want to compare it to traditional car financing, Devon and the Jordan Ford team are here to help you drive with confidence.
Below, you'll find answers to some frequently asked questions about car leases at our Ford dealership in San Antonio, plus key information on leasing vs. buying.
Ford Leasing FAQs
Devon took a few moments to share some wisdom about car leases:
01
What is a car lease and how does it work?
A car lease lets you drive a new Ford for a set term -- usually 24 to 36 months -- while making monthly payments that are typically lower than traditional loan payments. At lease-end, you can return the car, buy it at a predetermined price, or start a new lease on another new Ford truck or SUV.
02
Is leasing better than buying a car?
Leasing and buying both have benefits! Leasing often offers lower monthly payments and access to the latest models and tech features. It's ideal for those who like to upgrade every few years. Buying, on the other hand, is best if you plan to keep your car long-term and don't mind higher monthly payments in exchange for eventual ownership.
03
What are the typical upfront costs for a Ford lease?
Upfront lease costs usually include the first month's payment, a security deposit (if required), and applicable taxes and fees. Our Ford finance team will walk you through all your options and make sure there are no surprises.
04
Are there mileage limits on a Ford lease?
Yes, most leases have annual mileage limits -- commonly 10,500, 12,000, or 15,000 miles. Exceeding these limits may require an additional fee at the end of your Ford lease. If you need more miles, let us know! We can customize lease terms to fit your driving needs.
05
Can I end my Ford lease early or extend it?
You can usually end a lease early, but there may be fees. You may also have the option to extend your lease or purchase your vehicle when your term is up. We'll help you review your options and find a solution that works for your situation.
06
What happens at the end of a car lease?
At the end of your lease, you can return the vehicle, buy it at the residual price set in your contract or lease a brand-new Ford. The Jordan Ford lease team will guide you through the inspection and return process to keep things easy and transparent.
07
Is leasing an option with bad credit?
Yes -- while a strong credit score is helpful, we work with many lenders to help drivers with various credit situations find a Ford lease or financing plan. Speak with us for more information on subprime car leases.
08
Can I trade in my car when leasing a new Ford?
Absolutely! Your current vehicle can be traded in and its value applied toward your lease's upfront costs or monthly payments. Value your trade online or stop by Jordan Ford for a quick appraisal.
Ford Leasing vs. Financing: Which Is Right for Me?
Leasing might be right if you want a lower payment and a new car every few years. Financing may suit you if you aim for long-term ownership and no mileage restrictions. Not sure? Contact Jordan Ford to speak with Devon Shaw for honest guidance tailored to your needs.
We can't wait to help you get the keys to a new F-150, Explorer or Bronco you love! Be sure to check out our enticing new Ford specials in San Antonio while you're here to find out how you can save big.
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