In an effort to appeal to customers worried about the uncertain economy, Ford will allow anyone who loses their job within a year of buying a new Ford car, truck or SUV to return it at no cost.
Under the terms of a new financing program called the Ford Promise plan, Ford Credit will pay for the difference between what the car is worth at that time and what the customer still owes, up to $15,000.
There are numerous restrictions. For instance, the job loss can’t be within 30 days of signing the purchase or lease contract and it must be involuntary. Self-employed Ford buyers can take advantage of the program if they’re forced to declare personal bankruptcy. The offer only applies to those vehicles purchased or leased on June 26, 2020, or later.
Read the article at CNN.
