Is anyone LEASING from FORD?

Or have you leased from them recently?

Was there/Is there an early option to end the lease (I forget what it's called)? How early could/can you break the lease without penalty?

Thanks!

I'm not positive but I think BIL said he could do it within 4 months of the termination date. You can call up Ford to know for sure.

Thanks Kriss2c!

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Posted by 2003fallwedding

I just turned in my Mustang in June and I don't remember there being a way I could have turned it in early with no penalty.

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oh shoot! well, thanks anyway!

The penalty is $200 plus the difference between the unpaid adjusted capital cost and the fair market value of the car.

I have no idea what 'unpaid adjusted capital cost' means, but when I tried to get out of my lease, I remember the penalty being pretty substantial. It probably depends on how early you want to terminate it.

Hope that helps!

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Posted by TwoBugs

The penalty is $200 plus the difference between the unpaid adjusted capital cost and the fair market value of the car.

I have no idea what 'unpaid adjusted capital cost' means, but when I tried to get out of my lease, I remember the penalty being pretty substantial. It probably depends on how early you want to terminate it.

Hope that helps!

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it doesn't help, unless you want to loan me some money!! thanks anyway Twobugs!

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Posted by MonkeyLuv

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Posted by TwoBugs

The penalty is $200 plus the difference between the unpaid adjusted capital cost and the fair market value of the car.

I have no idea what 'unpaid adjusted capital cost' means, but when I tried to get out of my lease, I remember the penalty being pretty substantial. It probably depends on how early you want to terminate it.

Hope that helps!

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it doesn't help, unless you want to loan me some money!! thanks anyway Twobugs!

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Sowwy! I just hope your car isn't a death trap like mine was...

Oh good heavens no! It's actually FHs and it's a Focus... pretty good too!

What car did you have??

Umm, I had a Focus...

It was the first model year, though - everyone says not to get a car the first year it's made....now I know why! It had a slew of problems, which is why I wanted to break the lease early, which is why I knew the answer to your question, which is why I throw around terms like 'adjusted capital' and 'fair market value'.

Mr Big Boots FITS in a Focus????

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Posted by wc0143

Mr Big Boots FITS in a Focus????

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Only if we use a shoehorn!

Twobugs... you just schooled me! Was 2002 the first year of the Focus? FH has a 2003, it's not bad, he loves it, I'm indifferent. We have 2 cars and his work truck, so we only need 1 car and we're trying to either sell my cheesy-@ss Echo or break his lease... but the sale of my echo is possibly falling through soooo... *sigh*!

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Posted by MonkeyLuv

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Posted by wc0143

Mr Big Boots FITS in a Focus????

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Only if we use a shoehorn!

Twobugs... you just schooled me! Was 2002 the first year of the Focus? FH has a 2003, it's not bad, he loves it, I'm indifferent. We have 2 cars and his work truck, so we only need 1 car and we're trying to either sell my cheesy-@ss Echo or break his lease... but the sale of my echo is possibly falling through soooo... *sigh*!

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I've never even heard of an Echo, as far as cars go, at least.

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Posted by tourist

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Posted by MonkeyLuv

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Posted by wc0143

Mr Big Boots FITS in a Focus????

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Only if we use a shoehorn!

Twobugs... you just schooled me! Was 2002 the first year of the Focus? FH has a 2003, it's not bad, he loves it, I'm indifferent. We have 2 cars and his work truck, so we only need 1 car and we're trying to either sell my cheesy-@ss Echo or break his lease... but the sale of my echo is possibly falling through soooo... *sigh*!

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I've never even heard of an Echo, as far as cars go, at least.

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Isn't that an itty bitty car too?

WOW!! You drive stick??? I'm a little afraid of you now ... no wonder you da boss o'me!

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Posted by wc0143

WOW!! You drive stick??? I'm a little afraid of you now ... no wonder you da boss o'me!

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I also swear like drunken sailor on shore leave while I shift gears!