Lease End Options

You can obviously return your vehicle at the end of your lease, but you have a few more options to consider, as well. For one, you can purchase your vehicle outright. You also have the option of trading it in at the lease’s end. Whatever your choice may be, though, you have a big decision to make as a lessee. So we’ve tried to make that easier for you by highlighting some of the main options, along with some potential scenarios that may help you determine the best choice for your particular situation.

What Do I Do at the End of My Lease?

Return the Vehicle

After reviewing your options at Big ‘O’ Dodge Chrysler Jeep Ram, you may decide that returning your vehicle is your best course of action. The only additional payments you'd have to make would be for any mileage you have accrued over your predetermined limit, in addition to any damages.

Keep Your Vehicle

If you've decided that you like your vehicle, and you no longer find the thought of parting ways with it appealing, you can purchase it outright. This can be advantageous if the car has retained its value well. The only part you'll need to pay then would simply be the remaining balance.

Trade in the Vehicle

If you find that your vehicle is no longer suited for your lifestyle, you can trade it in for one that is a better fit. If that's the way you want to go, the deal would then work like a standard finance deal. You would simply come to Big O Dodge Chrysler Jeep Ram to review your options.

No matter what your situation may be, you have plenty to consider when your lease terms draw to an end. If you're interested in learning more about what your options are and how they can impact your opportunities in the future, feel free to contact us at Big O Dodge Chrysler Jeep Ram or stop by 2645 Laurens Road, Greenville, SC 29607 today. We look forward to seeing you.