If your Ford lease is nearing its end, you may wonder about your options. One possibility is extending your current lease. A lease extension allows you to continue driving your leased vehicle for a set period after your original lease term ends. Many Ford lessees in Macomb find extending their lease a convenient short-term solution.

Benefits of Extending a Ford Lease

There are several potential benefits to extending your Ford lease. If you're happy with your current vehicle and not ready to lease or finance a new model, a lease extension lets you keep driving it without a long-term commitment. Lease extensions also allow for time to explore other vehicle options if you're unsure what you want next. Sterling Heights drivers often appreciate the flexibility that a Ford lease extension provides.

Extending your lease also means postponing the lease-end process and fees. You must only pay disposition or mileage overage fees once the extension ends, which is helpful for Ford drivers near Clinton Township who aren't ready to end their lease.

Potential Drawbacks to Consider

While extending a lease has advantages, consider these potential drawbacks. In most cases, your monthly payment will stay the same, so you won't save money compared to leasing a new vehicle. You also won't be able to take advantage of the latest upgrades and features available on newer models, an important factor to consider for Ford lessees around Utica.

Additionally, if your vehicle is nearing its mileage limit, you may exceed that limit during the extension period, resulting in extra mileage fees upon returning the vehicle. Drivers in Shelby Township need to be aware of their lease terms and mileage before deciding to extend.

How to Extend Your Ford Lease

If you decide that extending your Ford lease is the right choice for you, the process is usually simple. Reach out to our finance center to discuss your lease extension options. The experts at Russ Milne Ford are happy to guide you through the process. We proudly serve customers from Macomb to Chesterfield and the surrounding areas.

Keep in mind that not all leases are eligible for extension, so it's important to check with your dealership to see if yours qualifies. We'll factor in things like the age and mileage of your vehicle. The friendly team at our Macomb Ford dealership can help you understand your lease-end options so you can make an informed decision.

Explore Your Lease-End Options at Russ Milne Ford

Whether you extend your lease or explore other options like leasing a new vehicle or buying your leased one, Russ Milne Ford is here to help. Call or visit our Macomb area dealership to speak with a knowledgeable financing expert about your Ford end-of-lease options. We look forward to assisting you in finding the best solution for your needs and budget.