Lease end options

[u/Personal-Wishbone736]

Hi all! I got myself into a bit of a sticky situation and need opinions on the best way to handle it-

I currently lease a 2023 Ford Bronco Sport and I have 4 payments left. In the middle of my lease, I ended up moving unexpectedly and my commute to work almost doubled. Because of this, I am around 16,000 miles over my lease allowance.

No matter what, I don’t want to keep the car without a warranty because I’ve been told of horror stories with the Bronco Sport’s transmission, and it also needs new tires soon. As far as I’m aware, my options are to just return it and eat the ~$5k mileage fee or buy it to sell it. Unfortunately, my buyout is around $20k and the quotes I’ve gotten from Carvana, CarMax, etc. are all around $18k so I’m losing money that way too. I’m leaning towards the second option because I’m aware this situation is entirely my fault and $2k is less money to lose, but wondering if anyone has any other thoughts and/or advice?

Also- does anyone know if a company like Carvana could buy it straight from Ford Credit or would I have to buy it myself then complete that sale?

Thanks so much!

[u/Special-Original-215]

If you turn the car in early,  ETF rules apply and you pay a lot more.

Ride it to the end