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Here are some early details on the lease-like program Ford will offer for the Mach-E, as explained to us by Ford at the LA Auto Show.
Q: Will the Mach-E be available for lease?
Q: Will the Mach-E be available for lease?
A: There will be a lease-like product offered. It will behave just like a lease, but the key difference being that the vehicle will be titled in the customer's name (rather than Ford Motor Company). The reason for this feature is to pass 100% of the government EV tax credit to the customer.
Otherwise, this lease-like product will behave just like a lease -- at the end of the “lease” period, the customer can turn the vehicle in no questions asked, or buy out the vehicle at a pre-set price [set at the beginning of the contract, like a lease]. This product will be the only lease type product available.
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