[oops]

Originally Posted by kmsithan

I have taken a company lease and bought the Ecosport S in 2019. The lease period is getting over by the end of this month (Jul 2022).

I am looking for advice to buy back the car or to leave it to the lease company and exit the contract.

The Car
Ecosport 2019 S
Variant : EcoBoost
My Usage and second car
Daily commute to office and some highway drives. 20K kilometers per year.
I have my wife's car (Celerio X AMT) sitting idle at home as she has not using it anymore.

Don't even think of keeping Ecosport with you as Maintenance costs after 4th year would make your Bank Balance Bleed. Ford has exited India, No more manufacturing here means Spare Parts would be unavailable all the time and when available, Price would be always higher than expected. Also, resale value would be nearly Zero. I had experienced the same with Opel Astra 1997 model. Sold it in 2009 for Rs 50,000 only. Every year I had to spend 10-15,000 on it's maintenance. It was a Huge setback for me. So, IMHO, Don't even think of Buying it at any Cost

[civic-sense]

Financial calculations aside, I think you need to ask these questions:

Do you like the Ecosport? Or are you bored after 3 years?
Do you have any other cars in your wish list which you would want to upgrade to?