Lease End Options
What to do when your lease is up? You have several different options when your lease is over; time has flown by and your lease is coming to a close. You’re probably wondering what options you have at this point. You should know that you have more options than just returning the vehicle.
To learn more about your lease-end options, keep reading below!
What Do I Do at the End of My Lease?
Return the Vehicle
After going over your options at Toyota of York, you may decide to return your lease because it’s beneficial to your wallet. The only additional payments you would have to make include any damages or any mileage you’ve accrued over your predetermined limit.
Keep the Vehicle
Maybe you’ve grown to love your vehicle and want to keep it. If this is the case, you can choose to purchase the vehicle and keep it. This is advantageous if the car has retained its value well. The only part you would have to pay now is simply the part you haven’t paid yet.
Trade In the Vehicle
Perhaps your needs have changed since you leased the vehicle, meaning you need a different vehicle now, such as something bigger. If you decide to trade in your currently leased vehicle, the deal would function like a standard finance deal. You would simply come to Toyota of York to review your options. By doing so, your mileage will not be penalized.
It’s important to remember that you have options. You’re entitled to the option that offers the biggest advantages and benefits to you. If you’re interested in learning more about what to do at the end of your lease, feel free to contact us directly or visit us at 1885 Whiteford Road, York, PA 17402. We look forward to serving our customers from Hanover, Lancaster and Elizabethtown.