Want To Lease A Car? Worried About Your Job? Ford Has The Answer
With lots of uncertainties trailing the world today as the effects of the pandemic continue to trickle down, Ford is one of the few auto manufacturers to have made a bold move to fill in the gaps. In case you lose your job, you can still get to lease a new Ford, courtesy of the Ford specials.
According to the CEO, Ford Motor Credit Company, Marion Harris, “Ford Credit has a long history of helping customers affected by all types of economic setbacks.” This could never be handier than now as getting a brand new car takes lots of investment and cost for taxes, plus the worries of depreciation and the later sale of the vehicle. The whole situation could only get worse if, by any chance, you lose your job or your source of income becomes effusive. Thus, Ford, having considered these options, has come up with the most practical and most cost-efficient way for you to lease or buy a new car.
It’s All About The “Ford Promise”
Not quite long ago, Ford made known to the general public, its new policy of permitting its teeming customers, who lease or buy a new car through the Ford Credit, the rare chance to return it within the first year, if they feel obliged. This new policy is exclusive to those who have just lost their job. Code-named “Ford Promise,” this spectacular new vehicle return policy strengthens on earlier offers by Ford.
Speaking with regards to the new program, the vice president, U.S. marketing, sales and service, Mark LaNeve, said, “We feel like right now, the economy is at the stage of recovery where people want things to be back to normal, they want to buy, but they’re still a little nervous about what the future holds. We want them to know we understand that, and we’re here to support them in their buying decisions.”
Ready For The Unsettling Market
According to the Cox Automotive data cited by Ford, not fewer than 32% of shoppers are delaying purchases due to economic and unemployment fears. The director of Ford’s U.S. marketing, Matt VanDyke, said, “Customers realize it may take a while for things to feel normal again if they ever do completely. They need our support now than ever.”
Any Ford Credit customer who has just lost his job can now return the leased vehicle during their first year of the lease deal. Once you get the car back, by utilizing the National Automobile Dealers Association (NADA) average trade-in, the Ford Credit will value the vehicle. This will reduce the liabilities of the lease. An additional $15,000 will also be dismissed, leaving you with the difference and any other minute payments.
Duration And Eligibility
The program is open through the 30th of September, 2020. However, only 2019, 2020, and 2021 vehicles, leased or bought through Ford Credit, are eligible. The policy runs from the 30th day after the deal is sealed off. Now, we want to make sure that everyone who is considering purchasing or leasing a vehicle knows that this assistance is available.”
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