Financial Markets

BUYOUT BEGONE: FORD SAYS YOU CAN NEVER OWN LEASED EVS

Ford Motor Co. will suspend end-of-lease buyout options for customers driving all-electric vehicles, provided they took possession of the model after June 15, 2022. Those who nabbed their Mach-E beforehand will still have the option of purchasing the automobile once their lease ends. Ford could be wanting to capitalize on exceptionally high used vehicle prices, ensuring that more vehicles make it back into rotation.
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