During these uncertain times, Ford is giving peace of mind to car shoppers. As part of the new Ford Promise program, any vehicle that is leased or purchased through Ford Credit may be eligible to be returned within a year if a customer loses their job.
How the program works:
- Vehicles covered under this program include: leased or purchased new, used or certified pre-owned vehicles (2019-2021 model years) that have been financed through Ford Credit between June 26 - Sept. 30, 2020.
- Ford will cover up to $15,000 maximum on the remaining car balance.
- The customer is required to take care of any late payments, deferred payments, or any damages the vehicle may have. Additional fees and restrictions may apply, including excess mileage, wear and tear, etc.
- Once the above steps are complete, the finance account will be marked as paid and the account will be closed.
- Vehicle return coverage is available up to one year from the date of purchase or lease.
Ford Credit has earned a reputation when it comes to helping customers through difficult economic times. If you've been hesitant to invest in a new or used vehicle due to the fear of losing your job, Ford has your back.
Eligibility requirements for the program include:
- Must have job terminated involuntarily after purchasing or leasing vehicle.
- Must be approved by state for unemployment benefits and notify claims administrator within 30 days of job loss.
- Commercial/fleet vehicles or contracts do not qualify for this program. Vehicles must be for personal use only.
- A requirement of at least 30+ hours a week with one employer, as well as at least 12 weeks within recent 17 consecutive weeks to qualifying event. (12 months self-employed bankruptcy)
Thanks to Ford Promise, you can have greater confidence when moving forward with a car lease or purchase. For further questions about this program, please contact Frontier Ford.
*Available on 2019/2020/2021 New vehicles, Used and CPO vehicles, financed or leased for personal use through Ford Credit at participating Ford dealers from 6/26/2020-9/30/2020. Excluded in OR and NY. Excludes APP leases, Ford Options program, and Seasonal Retail Payment Plan. Customer must have a qualifying involuntary job loss thirty-one (31) - three hundred sixty five (365) days after vehicle purchase or lease, be eligible for state unemployment benefits, and provide proper notification within thirty (30) days of qualified involuntary job loss. Maximum coverage is $15,000 per vehicle. Additional fees and restrictions may apply. See dealer for complete program details.