Lease End Options | York PA
Is your lease drawing to an end? You may be thinking that you only have one option: turn it in and find something new. Fortunately for you, there’s a bit more to the process than that. Here at Toyota of York, we’ll help you find the best option for your needs and lifestyle, so keep reading to find out more!
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 that your best course of action is to simply return your leased vehicle. The only additional payments you’ll have to make will be any mileage you have accrued over your predetermined limit, as well as any wear and tear.
Keep Your Vehicle
If you’ve fallen in love with your vehicle over the term of your lease and the thought of parting ways is no longer appealing, your best option may be to keep the vehicle. You’ll have the option to purchase it outright. This can be especially advantageous if the vehicle has retained its value well. All you’ll have to pay is the remaining balance.
Trade in the Vehicle
Maybe you’ve decided that your vehicle no longer suits your lifestyle. If this is the case, you can trade it in for one that’s a better fit for your needs. If you choose this option, the deal will then work like a standard finance deal, and you’ll simply come to Toyota of York 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 directly or stop by Toyota of York at 1885 Whiteford Road, York, PA 17402 today. We look forward to serving our customers from Hanover, Lancaster and Elizabethtown.