Our Peace of Mind servicing program allows customers who are 62 years of age or older, to lease or finance a new vehicle without the worry of creating a future financial burden for their families. Peace of Mind is a servicing program that permits several options to a family or Estate, including the opportunity to keep the vehicle or to turn it in and be freed of the remaining contractual obligation.

Options

• Keep the vehicle, use it, and continue to make the payments.
• Purchase the vehicle.
• Transfer the vehicle to a third party who meets Ford Credit's eligibility requirements.
• Return the vehicle. There will be no deficiency charged.

Program Rules

• The vehicle must be used for "personal use” only.
• The finance or lease contract qualifies for Peace of Mind if an individual obligor is at least 62 years of age on the contract date, or in the case of co-obligators, both of the co-obligators are 62 years of age, or older, as of the date of the contract.
• There is one exception to the co-obligor requirement – if the deceased's spouse is a co-obligor, the spouse would not have to be 62 or older at the date of contract inception to exercise the Peace of Mind options.
• In the case of a single obligor meeting the age requirement, the Estate, through a qualified representative, may exercise the options.
• Payments on the contract must be current at the time Peace of Mind options are exercised.
• If the vehicle has insurable damage, the damage must be repaired prior to the vehicle being returned.
• Ford Credit should be notified as soon as possible of the death, and the family or Estate should elect one of the options within 60 days after the death. The qualified party will be provided with instructions and asked to provide documentation by the Ford Credit Service Center

PLEASE SEE YOUR LOCAL FORD, LINCOLN OR MERCURY DEALER FOR COMPLETE DETAILS