How to Break Your Vehicle Lease

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If you need to break your vehicle lease, visit us at Performance Ford. We understand that life can be unpredictable. That’s why you can sell us your leased vehicles if you need to end your car lease early. The process is simple, and our experts will walk you through the process. Continue reading with our team to learn how you can get started.

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Trade In Your Vehicle

How the Buyout Process Works

Before you get started, you need to ensure your lease agreement allows third-party buyouts. Once confirmed, we will:

Appraise your vehicle:

Our experts will perform a full appraisal of your vehicle to ensure it’s in a reasonable condition.

Finalize the details:

Once a positive appraisal is completed, we’ll go through the specifics with you. We want to ensure you understand the selling process completely.

Pay off the lessor:

After the paperwork is complete, we will pay off the institution you leased the vehicle from.

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Benefits of Selling Your Leased Vehicle to Performance Ford

Positive Equity

If the value of the vehicle you sell us is greater than the amount that needs to be paid off, you will have positive equity. This will be used to pay off the original lease agreement, and the remaining balance will be returned to you. You can also use it towards a trade-in credit. At Performance Ford, we offer a wide range of new and pre-owned vehicles that you can put the credit towards.
You Stay Protected

While selling your lease vehicle to a dealership isn’t the only option, it is definitely an easy one. You can also sell the leased vehicle privately. However, doing so requires finding a suitable buyer who’s willing to pay the market price for the vehicle. If the sale can’t cover the payoff value, you will need to come up with the difference yourself. Selling through a dealership also means you don’t need to handle the paperwork, and you’ll know you’re selling to a trusted source.

Breaking Your Vehicle Lease FAQ

Why should I break my vehicle lease?

It might be a good idea to break your vehicle lease if you have equity in the vehicle. Since the market value for your vehicle can fluctuate, you might be able to make a profit by selling your vehicle lease.

What do I do after I break my lease?

After you sell your vehicle lease to Performance Ford, you can choose to use any remaining equity towards a new vehicle. We have a wide range of new and pre-owned trucks, SUVs, and sedans available.

What type of vehicle can I sell?

At Performance Ford, we buy vehicles of all kinds. If you have any questions about selling a specific vehicle lease to us, please contact us. We’re on hand to help you every step of the way.

Sell Your Leased Vehicle at Performance Ford

If you need to break your vehicle lease, contact our team of experts at Performance Ford. Don’t forget to check out our wide range of new and pre-owned vehicles.

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How to Break Your Vehicle Lease

Positive Equity

You Stay Protected

Why should I break my vehicle lease?

What do I do after I break my lease?

What type of vehicle can I sell?

Sell Your Leased Vehicle at Performance Ford

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Hours of Operation