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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.”

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Report: Auto Dealers Ask Biden Admin to Slow Down EV Mandates

The Truth About Cars

dealerships are asking President Joe Biden to reconsider proposed federal regulations they’ve alleged would mandate an unrealistic national shift toward battery-electric vehicles consumers simply aren’t buying. Some customers are in the market for electric vehicles, and we are thrilled to sell them,” state the dealers.

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