die Ausfahrt
exit
A road or route by which you leave a highway, property, or parking lot.
Wir müssen die nächste Ausfahrt nehmen, um nach Hause zu kommen.
We have to take the next exit to get home.

exit / drive
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exit
A road or route by which you leave a highway, property, or parking lot.
Wir müssen die nächste Ausfahrt nehmen, um nach Hause zu kommen.
We have to take the next exit to get home.

'Ausfahrt' (exit / drive) is made up of the preposition 'aus' (out of) and the noun 'Fahrt' (journey/drive). Its literal meaning is 'driving out', which explains all the meanings of the word.
Die Ausfahrt aus dem Parkhaus war blockiert.
The exit from the parking garage was blocked.
You can recognize the meaning from context: in connection with 'Autobahn' (highway), it means an exit. With 'Parkhaus' (parking garage) or 'Grundstück' (property), it means the physical exit. With 'Sonntag' (Sunday) or 'schönes Wetter' (nice weather), it means a short outing.
Wir müssen die Ausfahrt „Flughafen“ nehmen.
We have to take the 'Airport' exit.
In the context of highways, 'Ausfahrt' (exit) is usually used with the verbs 'nehmen' (to take) or 'verpassen' (to miss).
Oh nein, ich glaube, wir haben die richtige Ausfahrt verpasst.
Oh no, I think we missed the right exit.
When referring to the physical exit of a site, typical verbs are 'freihalten' (to keep clear), 'blockieren' (to block), or 'zuparken' (to block by parking).
Ein Lieferwagen blockiert die gesamte Ausfahrt.
A delivery van is blocking the entire exit.
When a short outing is meant, the verb 'machen' (to make/do) is almost always used, or less commonly 'unternehmen' (to undertake).
Lass uns am Wochenende eine Ausfahrt mit dem Fahrrad machen.
Let's go for a bike ride this weekend.
trip / ride
'die Fahrt' and 'die Ausfahrt' can both mean movement by vehicle. 'Fahrt' is the general word for a trip or journey by car, train, bus, or ship. It also works for longer journeys and planned group trips. 'Ausfahrt' has two typical uses: it can mean a place where you leave a highway, a site, or a parking lot. It can also mean a short drive or outing for pleasure, often by car, motorcycle, or bicycle. Learners may confuse the words because 'Fahrt' is part of both. But not every 'Fahrt' is an 'Ausfahrt'. 'Ausfahrt' is especially appropriate when driving out of somewhere or for a short vehicle outing.

Am Sonntag machen wir eine Ausfahrt mit dem Fahrrad zum See.
On Sunday, we're going for a bike ride to the lake.
Die Fahrt mit dem Zug nach Hamburg dauert fast zwei Stunden.
The train journey to Hamburg takes almost two hours.