What Is Ford’s Red Carpet Lease (RCL) Program
RCL, or Red Carpet Lease, is Ford’s specialized lease program designed to make driving a new Ford vehicle more accessible and cost-effective. This program is available to anyone returning a Ford lease. Offering lease terms from 24 to 48 months, RCL provides flexibility to match your financial situation and lifestyle preferences. Your monthly payments cover a portion of the vehicle’s value throughout the lease term, resulting in lower payments. At the end of the lease, you have the option to purchase the vehicle.
Advantages Of Ford’s Red Carpet Lease
- Lower Upfront Costs: Enjoy significantly lower monthly payments compared to traditional financing.
- End-of-Lease Flexibility: Decide whether to lease another vehicle, buy your current one, or return it with ease.
- Tailored Lease Terms: Select from a range of lease durations that best fit your life.
- Mileage Customization: Choose a mileage plan that matches your driving needs, from 10,500 to 19,500 miles per year.
- GAP Protection Included: Benefit from GAP coverage, which handles the difference between your vehicle’s market value and the remaining lease balance in case of theft or total loss.
What Are The Different Types Of Ford RCL Incentives?
Who Qualifies As A Returning RCL Customer?
A returning RCL customer is an individual who has previously leased a Ford vehicle through the Red Carpet Lease program and is now entering into a new lease with Ford. These returning customers often receive extra incentives and benefits, making it even more advantageous to continue leasing Ford vehicles.
RCL Customer Cash
RCL Customer Cash is a special incentive available to lessees as part of their lease agreement. This cash incentive helps lower your overall lease cost, making it more affordable to drive a new Ford. Ford updates these incentives monthly, so the available RCL Cash can vary. For the latest offers, visit our monthly Deals blog post or contact us directly!
RCL Renewal
The RCL Renewal program is tailored for customers finishing an eligible Ford Red Carpet Lease agreement. This initiative provides unique benefits and incentives to facilitate a smooth transition into leasing or buying a new Ford vehicle from dealer inventory. By utilizing the RCL Renewal program, you can access exclusive deals and experience a more streamlined process for acquiring your next Ford.
Trade Assistance Bonus Cash
Trade Assistance Bonus Cash is a program that offers extra cash incentives when you trade in your existing vehicle for a new Ford lease. This applies to vehicles of any brand, even those as old as 1995. This bonus can substantially lower your lease payments or provide additional savings on your new lease.
Ford Lease Terms
Your monthly lease payment covers a portion of the vehicle’s value during your contract term. Ford Credit retains ownership, and you are responsible for any wear and use charges that exceed normal guidelines. At the end of your lease, you can return the vehicle, purchase it if applicable, or lease a new one.
To learn about your lease-end options, including the purchase price of your leased vehicle, visit Ford Credit and go to the “Your Lease-End Options” section in Account Manager. This section provides details on buying or leasing a new vehicle, returning your leased vehicle, and your purchase option price if available.
At Bill Brown Ford, we proactively reach out to customers months before their lease ends to inform them of their options and create plans for a seamless transition to a new Ford or to help them purchase their current model. If you have questions about your lease, contact your salesperson today.
Best Lease Deals & Incentives In Livonia, MI
Ford’s Red Carpet Lease program provides an affordable and flexible option for driving a new Ford vehicle, offering a range of benefits and options tailored to meet your specific needs. Whether you’re leasing for the first time or returning for another lease, understanding the details of the RCL program can enhance your leasing experience. For more information, contact Bill Brown Ford today.
At Bill Brown Ford, we are dedicated to providing a straightforward and hassle-free experience. Boasting the largest inventory of new Fords in Michigan with over 1,500 vehicles on the lot, our team is ready to help you find the perfect vehicle to fit your lifestyle and budget. Explore our TrueView™ Inventory and schedule your test drive today!
