Ford Expedition Lease

A Ford Expedition lease can range from $726 to about $1,000 per month.
Written by Macy Fouse
Reviewed by Carrie Adkins
A Ford Expedition lease costs between $726 and $1,054 a month, depending on trim level, negotiated price, down payment, and credit score. 
As Ford’s biggest SUV and most versatile hauler, the Expedition is a longtime favorite. With its massive towing capacity, off-roading capability, and three rows of seats, it’s a popular choice among families and workhorses. If you want to enjoy the Expedition’s chic ruggedness without committing to a
car loan
, leasing might be a better fit for you. 
Interested in leasing a Ford Expedition?
Jerry
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Ford Expedition car insurance cost
.
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How to lease a Ford Expedition

Leasing a Ford Expedition should be a pretty straightforward process. Follow these general guidelines to set yourself up for the best lease deal. 
  • Check your credit score. A score under 520 probably won’t qualify you for a lease, and a score under 620 is considered “subprime.” In general, you’ll need at least a 700 to get a good Ford lease.
  • Determine your leasing budget. Try to get a monthly payment of 15% of your income or less (10% is more ideal). For instance, if you make $4,000 a month, you can realistically afford a lease payment up to $600—though a payment closer to $400 is even better.
  • Figure out how much you can pay upfront.  The lease
    down payment
    (also referred to as the capitalized cost reduction) can decrease your monthly costs. It could be more beneficial to wait a while and save up so you can afford the best deal.
  • Estimate your annual mileage. Typical Ford leases come with a 15,000 miles-per-year limit, but this can be negotiated at the dealership. If you go over your yearly limit, you’ll have some steep fines to pay, so make sure to factor in your commutes or road trip plans during your lease. 
When you’ve got your finances in order, you’re ready to head to your local Ford dealership to
compare lease offers
. Having a budget before you go will make sure you're in the best possible position to know what Ford Expedition you can afford. You can also better negotiate the best loan terms when it comes to signing the papers. 

The final step: shop for insurance

Whether you finance or lease, you’re still going to need car insurance for your new Expedition. In addition to the minimum insurance limits required by your state, you'll probably have to purchase
collision
and
comprehensive coverage
to satisfy your dealer.

How much does a Ford Expedition lease cost?

The cost to lease a Ford Expedition ranges from around $700 to about $1000 per month. 
However, your exact cost will depend on a variety of factors, like the trim level and features you choose at the dealership, your credit score, your lease term, and your down payment amount. You could also see variations due to your location and time of year, as leasing deals tend to fluctuate with time. 
Trim level
is one of the main factors in determining how much your Expedition lease costs. If space isn’t a major priority for you, you’ll save money if you stick to the XL STX trim, as it comes with only two rows of seating. If you spring for the King Ranch or Platinum trims, or add on any optional driver-assistance features, your monthly payment will be more 
Here’s a look at how your monthly payment could change as you go through the 2022 Expedition’s ten trim levels. The following prices are based on a great credit score (690-719), a $1000 downpayment, and a 36-month lease term with 15,000 annual mileage: 
Trim level
Monthly payment
XL STX
$726
XLT
$765
XLT Max
$807
Timberline
$899
Limited
$850
Limited Max
$857
King Ranch
$1,003
King Ranch Max
$1,029
Platinum
$1,028
Platinum Max
$1,054
The other main factor in determining your payment for a 2022 Expedition lease is your credit score. Having a lower credit score means higher monthly payments. 
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Services included in a Ford Expedition lease

Unlike many manufacturer lease deals, Ford doesn’t offer a maintenance plan, so you’ll need to maintain and repair your Expedition just like you would if you owned it. However, since you’ll likely lease it for only two or three years, the car will still be covered under warranty
Ford’s average warranty will cover any repairs and replacements of defective parts or workmanship. 
You can also purchase Ford’s
WearCare
add-on, which will waive up to $5,000 of excess wear and tear charges. Excess wear and tear can include anything from cracked headlights and large tire scratches to small interior stains. 

What to do when your Ford Expedition lease is up

At the end of your Ford lease, you can choose between three different options:

How to return a leased Ford Expedition

If you’re ready to say goodbye to your leased Expedition—or are just ready for a different Ford model—you can turn your car in and walk away. You’ll need to go over Ford’s return checklist for a smooth return. 
If you’re ready to move on with a new Ford—or if you don’t need a vehicle anymore—you can return the car and walk away. Follow Ford’s return checklist for a smooth return process. 
To prepare for the return process, you’ll first assess the car for wear and tear. Ford’s
wear and tear guidelines
outline what qualifies as normal wear and tear versus excessive wear and tear. If you purchased the WearCare package, you’ll be off the hook for up to $5,000 worth of excessive wear and tear. 
You’ll also need to make any necessary repairs before returning your lease to the dealership. Make sure you keep the repair receipts to verify the repairs when you return your leased car. 
When you take your vehicle to the dealership to return, you’ll be required to pay any extra fees you owe (for mileage, wear and tear, etc.), sign official documents to end your lease, and complete your vehicle return transaction. You’ll also have to pay a disposition fee of $395
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How to purchase a leased Ford Expedition

The average Ford Expedition is expected to last about 300,000 miles if you take care of it. Even though they lose about 51% of their value in the first five years, you can expect your Expedition to last much longer if you decide to purchase it after your lease ends. 
Ford’s lease program includes the purchase option price at the lease-end, which you can obtain by visiting your Ford account, talking with your local Ford dealer, or contacting
customer support
.

How to find the best car insurance for a Ford Expedition lease

Finding insurance for a leased Expedition is easy. All you have to do is download the
Jerry
app to get access to the best quotes from top insurance companies in just a few minutes.
As a
top-rated licensed broker
, Jerry takes a few pieces of information about you and your car and finds the right policies based on your desired coverage level. When you're ready to make a switch, Jerry will even help you cancel your old policy.
Jerry prioritizes customer support, and that means never selling your information or spamming you with calls. Plus, Jerry users save an average of over $800 per year on their car insurance.
Jerry
is really great! I was paying $226/month on my previous policy and now I’m only paying $103/month with Progressive. I’m glad I found this service.” —Zachary W.
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