Red carpet lease protects you by waiving the gap between your insurance payoff and your outstanding lease balance if your vehicle is stolen or damaged beyond repair.
For red carpet lease.
Ford red carpet lease qualifications.
A red carpet lease is quite simply the name for the leasing programs offered by ford credit or lincoln automotive financial services.
24 36 and 39 month terms.
A lease has the potential to put you in a more luxurious vehicle or a vehicle with more options than you might.
Follow these simple steps to help ensure a smooth and convenient vehicle purchase.
A lease agreement works in many similar ways that of normal auto loan with costs such as a down payment and monthly charge being.
Lease a vehicle retain your option to return or buy.
With the red carpet lease you have the option to purchase your lease vehicle at lease end.
Excess wear and use assessment.
Follow these simple steps and complete our vehicle return checklist to help ensure a smooth and convenient vehicle return.
The credit application to lease a ford car or truck is putting much identical to that used by ford credit when someone is buying a.
When you purchase your vehicle you are not responsible for excess wear and use or excess mileage charges.
Ford credit s red carpet lease plan is a modern alternative to owning a new vehicle.
Your monthly payment covers a portion of the vehicle value during your contract allowing for lower monthly payments and the option to purchase your vehicle at lease end.
You ll often see these offers advertised on tv and online like 219 for 36 months with 1 999 due at signing with a ton of fine print listed at the bottom of the screen.
When someone enters a red carpet to lease agreement with ford it will be for a fixed period of time normally anything from 2 to 5 years in the same way that an auto loan is a specified period of time contract.
See how easy it is to own your ford and go further.
As such ford are very keen to promote their red carpets lease program but this does not mean that they cut any corners or take any chances in terms of who they enrolled in it.
Lease payments are usually lower than similar term finance payments because you re only paying for the portion of the vehicle s value used during the lease term and any associated lease charges.
With gap protection you re responsible for only the insurance deductible and any outstanding charges e g past due payments at the time of the incident.