Fords leasing deals are getting more attractive for consumers, especially since they have been gaining traction in the market for large pickup trucks.
The company is offering leases that include the option to purchase the vehicle directly, or through a leasing company.
The companies prices have been rising, but the deals have remained low for years.
The leases are offered through Ford’s leasing service and through its truck leasing company, Ford Transportation LLC.
Ford said Tuesday that the new leases will begin to be available on April 2, with a nationwide rollout expected later this year.
The new Ford leasing options, which include the choice of purchasing directly, through Ford Transportation, are the company’s latest move in an effort to improve its image among the business community.
Ford began offering lease options for the 2016 Ford Expedition in February.
“These leasing deals will allow Ford to continue to provide customers with affordable options that are backed by our strong financial position,” said Jeff Clark, Ford’s senior vice president of sales and marketing, in a statement.
Ford, which has a fleet of more than 2,000 trucks, said it expects its truck fleet to grow by more than 25 percent by 2021.
The Expedition has become a favorite of many in the business world because of its low price tag, according to company estimates.
The Ford CEO has said he wants to bring a Ford Expedition to the next level.
The first Expedition, the Ford Expedition Platinum, was introduced in 2012, and has since become a hit.
The current Expedition is available for leasing in several markets, including Washington, Oregon and California.
The 2017 Expedition is also available for lease in the United States.
Ford also announced Tuesday that it is adding a new vehicle to its fleet, the Explorer.
The vehicle, which is priced at $31,995, is available in both standard and sport trim.
“Our Explorer is the first SUV to offer a full range of features including a fully customizable interior, heated front seats and a powertrain that can handle high speeds,” said Bob Carter, Ford Americas vice president and chief product officer.
The Explorer will be available starting in the fourth quarter of 2021.