Going From A Lease To Own

Asked by Ektrey May 14, 2014 at 01:29 AM about the 2012 Ford Explorer XLT 4WD

Question type: Shopping & Pricing

Thanks in advance for anyone who
can help/respond...

Current Situation: I'm moving to the
West Coast and I don't want to bring
my leased 2012 Ford Explorer XLT.
I would prefer to purchase my new
vehicle in CA or worst case, buy here
in the NJ area and ship.  My plan
moving forward depends on being
able to get out of my current lease.
I'm exploring several options to
transfer my lease or sell the vehicle.

Getting out of the lease in time
seems to be my main concern and
what will be my best strategy if
trading in my lease to purchase from
a dealer.

Details:
- 2012 Ford Explorer XLT 4WD
- Currently 16,700 miles
- 3 year lease
- 11 months remain on lease
- 10,500 miles per year
- Lease end buyout, $23,800

- I'm looking to purchase a sedan
import in the $19-$22k range.

My question revolves around what is
my best option for having a dealer
assume/takeover my lease and put
me in a used car for the best deal.

Let me know if anyone needs any
further details.

Thanks!!

2 Answers
74,190

OJ answered 10 years ago

Normally you are locked in on a lease unless something like death of the leasee happens. The only out I can see (if leased from Ford) is to speak to a Ford Dealership and see what it will do if you purchase a Ford Vehicle from them.

1 people found this helpful.
Mark helpful
74,190

OJ answered 10 years ago

California has some strange laws when it comes to emissions. Some vehicles have to be equipted acertain way to be licensed, California Compliant. If you are going to purchase a vehicle, expecially a used one, I'd pick it up in California. Nothing like purchasing a vehicle, shipping it across the states, then upon arrival being told you cannot drive it.

2 people found this helpful.
Mark helpful

Your Answer:

Related Questions

  • Going From A Lease To Own 2 Answers

    Thanks in advance for anyone who can help/respond... Current Situation: I'm moving to the West Coast and I don't want to bring my leased 2012 Ford Explorer XLT. I would prefer to purchase my new ...

    2012 Ford Explorer XLT 4WD

    -

    Shopping & Pricing

  • Alarm system stoping truck from catching fuel to pump. 1 Answer

    Our truck was examined and the guy told us we needed a new alarm system because the one we have is stopping fuel from getting to the fuel pump which stops from starting. Question is do you guys kno...

    2002 Ford Explorer XLT 4WD

    -

    Shopping & Pricing

  • How much to rebuild a 2002 Ford explorer transmission 4 Answers

    I want to know how much it will be to rebuild a 2002 Ford explorer transmission or how much will a transmission tune up cost me.

    2002 Ford Explorer XLT 4WD

    -

    Shopping & Pricing

  • Is it cheaper to buy a new car or keep the one I'm driving. 5 Answers

    It's early 2015 and I bought my 04 Explorer used with 20,000 miles on it. It's always run good and currently has 140,000 miles on it. I've averaged around 12,000 miles a year. The maintenance cost...

    2004 Ford Explorer XLS V6 AWD

    -

    Shopping & Pricing

  • Dealership trying to screw me 2 Answers

    i am about to purchase a 2016 ford explorer XLT thanks to car guru but i am being tricked the price had dropped to 19909 and i can’t get a pic or find it on the site as they must of removed that’s ...

    2016 Ford Explorer XLT

    -

    Shopping & Pricing

Shortcuts

Search Ford Explorer Questions

CarGurus Experts

  • #1
    OJ
    Reputation
    31,060
  • #2
    TransAm77
    Reputation
    7,890
  • #3
    Gene Arnett
    Reputation
    7,340
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Ford F-150
299 Great Deals out of 15,725 listings starting at $1,712
Used Ford Expedition
30 Great Deals out of 812 listings starting at $7,888
Used Chevrolet Tahoe
18 Great Deals out of 745 listings starting at $5,995
Used Jeep Grand Cherokee
113 Great Deals out of 3,318 listings starting at $4,995
Used Toyota Highlander
31 Great Deals out of 718 listings starting at $2,495
Used Ford Edge
74 Great Deals out of 2,289 listings starting at $1,790
Used Dodge Durango
38 Great Deals out of 2,318 listings starting at $7,995
Used Honda Pilot
47 Great Deals out of 1,226 listings starting at $2,133
Used Chevrolet Traverse
30 Great Deals out of 734 listings starting at $4,950
Used GMC Acadia
26 Great Deals out of 694 listings starting at $4,049
Used Toyota 4Runner
13 Great Deals out of 337 listings starting at $9,900
Used Ford Escape
121 Great Deals out of 4,529 listings starting at $2,995
Used Chevrolet Silverado 1500
171 Great Deals out of 5,940 listings starting at $3,995
Used GMC Yukon
26 Great Deals out of 754 listings starting at $4,995
Used Dodge Charger
36 Great Deals out of 614 listings starting at $4,888

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.