Flex Buy is a Ford Credit-exclusive payment structure focused on providing lower payments for the first three years when compared with a standard retail contract.
Flex Buy is offered with 66- or 75-month terms. Your first 36 months of payments are discounted by 15% or 18%, while higher later payments allow for your full balance to be satisfied.
| Standard Purchase | Flex Buy | Red Carpet Lease | |
|---|---|---|---|
| Vehicle Type | New, Certified Pre-Owned or Used™ | New | New |
| Terms | 12-to 84-Month Terms | 66-and 75-Month Terms | 24-to 48-Month Terms |
| Mileage | Unlimited | Unlimited | Customizable Mileage Options |
| Payment | Your monthly payment covers the cost of the entire vehicle over the course of your contract, which makes it generally higher than a lease. | Your monthly payment covers the cost of the entire vehicle over the course of your contract, with lower payments earlier in your contract and higher amounts late in your term, allowing for the balance to be satisfied. | Your monthly payment covers a portion of the vehicle value during your contract, allowing for lower monthly payments and the option to purchase your vehicle at lease-end. |
| Vehicle Ownership | Customer | Customer | Ford Credit |
| Wear & Use | You own the car and are responsible for repairs if desired. | You own the car and are responsible for repairs if desired | Normal amounts of wear and use are covered. However, you are responsible for wear and use charges in excess of normal guidelines. |
| End of Term | At the end of the loan, you own the vehicle. It is yours to keep or trade-in for your next vehicle | At the end of the loan, you own the vehicle. It is yours to keep or trade-in for your next vehicle. | Return and lease a new vehicle Purchase your lease, if applicable Return the vehicle to dealership |
