What to Do At the End of Your Lease?
Here at the Atzenhoffer family of dealerships, we get a lot of questions about leasing. One of the most common inquiries is how to return a car at the end of its lease.
The Leasing Inspection
As the end of your leasing period approaches, the dealership you leased your vehicle from and are planning to turn in your vehicle to will schedule an inspection for your leased model. While some amount of regular wear and tear is expected, our dealership will be looking for any damage outside of this expected amount. That’s why it is so important to ensure you are keeping up with the maintenance of your leased vehicle. After all, you wouldn’t want to be charged more money because of damage from missed care.
Furthermore, our leasing dealership will be looking to see if you honored the specifics of your leasing agreement. For example, if the odometer shows you went over the agreed to yearly mileage during your lease, you’ll have to pay the agreed rate for the extra mile.
Options at the End of Your Lease
When your lease comes to an end, you’ll have a set of options available to you. If you honored the initial leasing agreement, our dealership will likely ask if you’d like to lease another model. This is a great way to gain access to the modern wave of vehicles without have to pay for ownership. You’d simply enter a new leasing agreement.
On the other hand, if you liked the vehicle you leased so much that you want to keep it, our sales department will offer you the option of purchasing the vehicle at the end of its lease.
If you have any other questions about the leasing process, our Atzenhoffer team of experts is at the ready to help assist you.
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