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Wednesday, January 13, 2016

Ford Testing Lease-Sharing Program That Would Let Friends, Family Split A Car

Though it might be nice to have a car for some occasions, there are plenty of people for whom owning or leasing a vehicle just isn’t worth it. Ford thinks it can appeal to those who might want their own wheels but don’t want to bear the burden of paying for it alone, with a new lease-sharing program it’s preparing to test.

Starting next month in Austin, the Ford Credit Link pilot will offer leases on vehicles to groups of between three and six people, the company announced today at the North American International Auto Show in Detroit, reports Biz Beats blog at the The Dallas Morning News.

“Lease groups can reserve drive time, check vehicle status, keep up with maintenance, communicate with each other, view their account, and make payments through a vehicle plug-in device and app,” Ford says.

Leases are only for 24 months and will be available at three Austin dealerships.

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