Jump to content

End of Lease & COVID-19


oskar27

Recommended Posts

The lease on my 2016 Edge Titanium expires in April-17-2020 (my intentions are to either buy back the lease or extend for another year). My dealer, like most in my area, is closed due to Covid-19. Trying to call Ford credit the lines are busy for ever so I sent an email. I wonder if they don’t reply by April-27 what my options are.

Link to comment
Share on other sites

I would continue to make lease payment when due and continue driving it if you want to keep it.  Buyout should be credited when things return to normal.  On April 17, send another email with pic of odometer/ document condition of car to dealership and Ford Credit.

Link to comment
Share on other sites

  • 2 weeks later...

Finally I got to talk to someone today at Ford Credit. Bottom line is they can only extend my lease on a monthly basis (every month I have to contact them to do so) until the pandemic returns the country to normal and then my Ford dealer opens. Then I can go to my dealer to either extend the lease for a year or buy it out. The dealers are now open in Canada but only for mechanical repairs – the sales and accounting are closed.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...