Contract-End Options

You’ve got choices. Choose the one that's right for you.

You have four choices available at the end of your Red Carpet Option Contract. The choice you make is entirely up to you.

1. Purchase or lease a new vehicle.
   Start by visiting your originating dealer* and selecting your next vehicle. While there, take the opportunity to look into the many finance programs and payment options we provide. If you will be returning your current vehicle, refer to #4 below.


2. Pay off and keep your vehicle.
   If you choose to pay off and keep your vehicle, simply make the final balloon payment** and pay any outstanding amounts remaining under your contract.


3. Refinance your final balloon payment and keep your vehicle.
   Your originating dealer and Ford Credit can help you with this option. See your contract for details.


4. Return your vehicle to your originating dealer.
   If you decide to return your vehicle, there are a few things you will want to do before returning the vehicle to help ensure a smooth process:
   • Review the Wear and Use section of this Web site. It explains the return process and will help you identify if your vehicle has any Excess Wear and Use or Excess Mileage. One of the advantages of identifying Excess Wear and Use before returning your vehicle is that it allows time to process claims if damage is covered under your insurance policy.
   • Contact your originating dealer and schedule a vehicle return appointment. Take this opportunity to discuss:
     • Any Excess Wear and Use you have or think you may have.
     • Your replacement vehicle needs.
   • Make needed repairs. If you do make repairs to your vehicle, please keep all receipts in case they are needed later to verify repairs made.
   • Return your vehicle to the originating dealer by the contract-end date. This includes selling your vehicle to Ford Credit for the final balloon amount and paying any outstanding amounts remaining under the contract. To fulfill your contract obligations, you need to be present at vehicle return to:
     • Review and sign the Odometer Statement (required by federal law).
     • Pay any Excess Mileage and Excess Wear and Use charges.

Be sure to discuss these choices with your dealer. They can help you decide which choice will be right for you. Refer to your Red Carpet Option Contract for full details.

* If you've moved and now live more than 75 air miles from your originating dealer, you may return your vehicle to a participating Ford, Lincoln or Mercury dealer. Be sure to contact them for an appointment prior to vehicle return. If you are having trouble locating a participating Ford, Lincoln or Mercury dealer, please contact our Customer Service Center.
** Make retail balloon payment payable to QI Exchange, LLC. Ford Credit has assigned to QI Exchange, LLC (acting solely as Ford Credit’s qualified intermediary) Ford Credit’s rights (but not its obligations) with respect to the sale of this vehicle.