How do I Lease a Mustang?

Written by dawn gibbs
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How do I Lease a Mustang?
Mustangs come in classic models and new models. (red hot mustang image by Leticia Wilson from

A Mustang is a powerful car built by the Ford company. For drivers who don't want to commit to buying the car, most dealerships can offer you a lease agreement. These agreements allow the driver to rent the car for a specific time frame, which is usually up to three years. After the lease period ends, the driver returns the car to the dealer, or purchases the car.

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  1. 1

    Visit your local Ford dealerships to find the Mustang you want to lease. Not all dealerships carry the same stock, so you may have to visit more than one to find the model year you want. Try to find multiple dealerships that carry the same car so you can ask for quotes and compare them.

  2. 2

    Ask for 15,000 miles per year on your lease. Many leases only allow drivers 10,000 to 12,000 miles a year, and then charge you very high mileage fees for going over that amount by the end of your lease period. Tell the salesman that if you can't have 15,000 miles, you will take your business elsewhere. Do not purchase mileage protection.

  3. 3

    Tell the salesman you will not pay anything down, and that you will not pay any dealership fees or bank fees. Ford dealerships, along with almost every other dealership, will try to tack on these unnecessary fees. Be willing to walk out on the deal and go to another Ford dealership if the salesperson won't cooperate with you.

  4. 4

    Test drive the Mustang before you lease it. Mustangs are powerful cars and may not be appropriate for teenagers or new drivers. Make sure the model runs properly. If possible, bring a mechanic friend along to inspect the car before you lease it.

  5. 5

    Fill out the application for the lease once you have inspected the car and decided upon the terms of your lease.

  6. 6

    Watch your mileage throughout the life of the lease so you don't go over and incur fees. Drive the Mustang carefully. It can be tempting to speed in such a fast car, but any damage you do to the vehicle will be your responsibility when you turn the car back over to the dealer.

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