I have a 2006 F-150. With a 2 year lease. We have had nothing but problems since we have had the truck.?

Question

It has had numerous mechanical problems, some repeats. My defense for the dealerships not fixing them was to hold a payment. Now, our account has spiraled out of control. We have racked up late fees and extension fees. The vehicle is still having some issues. Our lease is up in like June, my credit is worse now because of this and some other issues, will Ford Credit still honor us into another vehicle? Very concerned, cannot be without a vehicle. Any suggestions on what to do would be greatly appreciated. Can they just flat out deny us another vehicle?

Answer 1

You should be very concerned, you have made some horrible decisions here. Holding payments due to mechanical problems did not resolve the problems, but created some big problems for you.



You have two separate issues going, and you failed to notice. One, the mechanical problems. Two, you trashing the credit score.



If you have ongoing mechanical problems, you talk to the service manager. If that doesn't resolve it, you go the general manager. Still not happy? Ask to talk with the district service rep. But you have got to have a legitimate complaint, you cannot go in saying you have a weird drivability problem at 85 miles an hour that a tech cannot diagnose. Or that your sunroof rattle going over this bump on this road and that is the only time it happens. You need to have a usability problem before you are going to get response.



I had two Fords in my life. One was an F-150 I couldn't wait to get rid of, I bought it with 6,000 miles. I wondered why some one would trade it for another truck so soon. It spent a couple days a month at the dealership with various issues, mostly no start and had to be towed in. The dealership never could fix it and I finally traded.



Anyway, I digress.



You made yourself a mess by thinking holding payments was punishing the company for the mechanical problems when you were only punishing yourself. But since leases are such a great deal for the dealership and the company, you can probably get into another crappy lease without much problem.



But I'd like to think you have learned something from this....

Answer 2

"Holding a payment" does not in any way hurt the dealership, it does however hurt your credit rating tremendously. Yes Ford Motor Credit can (and probably will) deny you if you apply for another car loan or lease with them.



Also, since Ford reports to the major credit bureaus, any bank or finance company will now likely be hesitant to give you credit. You can't just "not pay" your lease payment.



After your lease is up, you may have to go to a buy-here-pay-here lot locally, where they only care if you have a job, they don't care so much about credit history. You should be prepared to put quite a lot of money down, several thousand dollars.



This time, make all your payments on time and try to build your credit back up to good standing.

Answer 3

I cannot understand why anyone would lease a vehicle today.

It just doesn't make any sense. It costs you much more to lease it than to just buy it. And no....Ford Motor is not going to lease you another.

Answer 4

You bought an American car, and are surprised to have problems with it....?



American cars suck, because the workers who make them are unionized, unskilled workers.



Next time buy a Japanese car, you can't go wrong! And their workers aren't unionized, so there's more competition among the automotive manufacturing industry and thus higher quality work gets done.



Personally, I have an Acura (Honda) and although it has minor problems here and there, it has 80k miles on it, the engine is flawless and it looks/drives like new!