At the end of a lease agreement period, there are different options available to you for your next vehicle endeavor. You may be able to choose to do any of the following:
Return the vehicle: in case you leased the vehicle for a particular purpose, and you've successfully accomplished it, simply return the vehicle to the owner.
Buy the vehicle: you may decide to purchase the vehicle at the residual value determined by the lessor together with the applicable taxes and fees.
New lease: in this case, you simply give back the leased car to the owner and get into a new lease agreement on a different one.
Extend your lease over a short period.
Re-lease the car: you may decide to lease the same car again.
In need of more information? Contact our team today and learn more about how to ensure a smooth lease end.
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