Ford Lease - What happens if I go over the miles in my Lease? 

Same here

You mean if you trade in for another lease?

to clarify as long as you do not exercise your right to return the vehicle to the leasing company. so you would need to buy the vehicle or have the dealer buy the vehicle from the leasing company

That’s what I’d like to know as well. My lease is up with Honda next month

all leasing dompanies are differnet but typically the milage penalty bill comes the month after the lease terminaites. I do not know of any payment plans

Depends on your situation to me personally trading in for another vehicle/new lease makes no sense you’ll always be stuck in a car payment no matter if you’re leasing or financing, I know ppl that are 70 years old and still stuck paying car payment’s

I’ve always said the purpose of buying your vehicle is to eventually own your car so basically you’ll be done with car payments but like I said it depends on that person’s situation some ppl love that fact that they can have a new car every 3 years🤷🏻‍♂️

@@Loso0523 Yeah, it's like renting a car. I bought my first car back in '08. I paid it off in 3 yrs, and I've been rolling ever since. I kept the maintenance up so it still in good condition. I chuckle at my coworkers who've been leasing cars for 20 years. Some have $800-1400 lease payments. That's ridiculous! 😆

@@dii-N-sd I was at a Chevy dealer and the lady doing my paperwork said some ppl pay 1700 per month on vehicles

@@tarriboyd5369 Wow! 🤯