Your Options At The End Of Your Lease

You have three basic options for what you are going to do when you go to turn in your leased vehicle to the dealership that you have borrowed it from. Here is a quick breakdown of how it works.
  1. Leave the lease behind – Just pay the fees and mileage that is associated with the lease agreement that you signed when you borrowed the machine in the first place.
  2. Lease another vehicle – Go with the same dealership and lease yet another vehicle with them that they can draw up another agreement for you with. They can likely roll the fees from your first lease into the next.
  3. Buy your vehicle – If you like what you are driving you don’t have to give it up. At the end of your lease term you are allowed to purchase it for the price of the vehicle when you go to turn it in.

 

Categories: New Inventory, Finance
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