How To Know What To Do At The End Of Your Lease

Your vehicle lease is ending and you are in a full-on panic. Perhaps this sentiment is all too familiar to you. It shouldn’t have to be. You can control your destiny with the vehicle lease if you just prepare yourself ahead of time. You need to know that you have options when it comes to turning in your vehicle.

Many people decide that they would like to take out another leased vehicle from the dealership where they got the first one. That is an option that is available to them, and most dealerships will even roll in the fees and charges from the first one into the charges for the second one.

If you don’t want to lease another vehicle, but you are instead ready to buy one, then you can opt to purchase the vehicle that you have been driving around in for the value of that vehicle at the time when you turn it in. That is a more favorable option for those who landed on the vehicle they really want in the first place.

 

Categories: Finance
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