Originally Posted by Wildcat_1
All
If I prepay for miles on my lease and then end up not using them all what happens to the remaining at lease termination?
The following statement is directly from Ford Credit!
Q: If I buy extra mileage and it is not used during my lease term, what happens?
A: If additional mileage is purchased at lease inception and the purchased prepaid miles are not used in their entirety and the lease purchase option is not elected, the unused portion of the prepaid mileage will be reimbursed, provided the refund amount is greater than $1.00.
After I found this information I realized my dealer had lied to me - again!!
He told me that Ford only issued credits or cash back in blocks of 2500 miles. Since I had 2000 miles that went unused, the refund did not apply to me. At the .12 cents per mile I paid up front, I should have got $240 back.
