When it's time to return your leased Ford vehicle to us at Russ Milne Ford in Macomb, MI, you have lots of great options. Yes, you can certainly just return your leased vehicle, start another new lease and drive off in an exciting new Ford car, truck or SUV. That's one of the benefits of leasing: Having the simplicity of dropping off your leased vehicle with us and moving right into your next lease. But let us tell you about some other choices.

Consider just buying the Ford you've been leasing

When your lease is coming to an end, you might suddenly realize that the Ford you've been driving is one of the best cars you've ever had. You might be wishing you could just keep it. That's not only one of the the easiest choices you could make, it also makes sense for many people. When you start buying that Ford, you're building a share of ownership that has real financial value in the future. A lease can't provide that.

If you elect to buy the Ford you've been leasing, your monthly loan payments then become a longer-term investment. You're no longer just "renting" a Ford without ever owning it. When you check on the selling price of your leased Ford, you'll discover that, at the end of your lease, the price has dropped quite a bit from the new car price. Plus, you know this Ford has been well-maintained because you maintained it.

Another good choice: Get out of leasing and buy a brand-new Ford

It's true that leasing a Ford keeps things simple, but buying a new Ford isn't complicated and it will gradually put you in a better financial position. Building equity – or an ownership share – every month will someday mean your car is worth a nice chunk of cash that you can use toward the purchase of your next car. Call or come by and visit one of our financing experts who can help explain the advantages and help you get the right financing.

One of the many benefits of owning a new Ford in places like Sterling Heights or Clinton Township, MI is that you're protected from significant repair costs for up to two years after your lease ends. That's because your Ford will be covered by a powertrain warranty for 5 years or 60,000 miles, whichever comes first. That's some welcome peace of mind for Ford drivers who move from a lease to full-fledged ownership.

Would you like to extend your lease and just keep driving your Ford?

We can totally understand why this might be appealing, and it's another good choice for our Utica or Shelby Township, MI leasing customers at Russ Milne Ford. You can, for example, extend your lease by another 12 to 24 months. At that point, you'll start making lower monthly lease payments because the remaining value of your now-used Ford will be lower than when it was a brand-new car. An extension gives you more time to plan your next step.

Look into all your lease return choices at Russ Milne Ford

Let's talk through your leasing options on the phone or in person. If you feel comfortable telling us a little about your current financial situation, our financing experts can help you decide which of your many choices is best for you. Browse through our latest new Ford inventory to help visualize your choices more clearly, then talk to us soon at Russ Milne Ford, not far from Chesterfield, MI in Macomb, MI.