Ford Promise Program Offers Buyers Peace of Mind
Ford has heard from many of its customers that they are nervous about buying or leasing a new or used vehicle right now. So, to provide some peace of mind when purchasing or leasing a new vehicle, Ford is introducing the Ford Promise program. If you happen to lose your job within the first year of ownership or leasing, you will have the option to return the vehicle to Ford with little to no extra financial burden.
The new Ford Promise program is specifically for customers who purchase or lease a vehicle through Ford Credit. If you happen to lose you job and need to return the vehicle, Ford Credit will value the vehicle using NADA trade-in value, then reduce the outstanding balance by that amount, plus up to an additional $15,000. Then, any remaining balance, deferred payments or vehicle damage needs to be paid by the customer, and the account will be reported as close and paid.
“We fell 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,” said Mark LaNeve of Ford. “We want them to know we understand that, and we’re here to support them in their buying decisions.”
Enrollment for the Ford Promise program goes until September 30, and customers can take advantage of the offer until up to a year after their purchase date. For additional information about the program, contact Ford Credit or give us a call today at Tommie Vaughn Ford in Houston, TX.