Once the current lease term ends and you have fulfilled your lease obligations, you have three options:
- Return your vehicle and enter into a new lease arrangement on a brand new one. This is our most popular option: It allows you to return your current vehicle, and if you qualify drive off with a new vehicle. For many customers, this option is one of the deciding factors for leasing - no worries with trade-in values or hassles with selling a used vehicle.
- Purchase the vehicle - Your lease agreement includes a lease-end Purchase Option Price. This allows you the flexibility to purchase the vehicle at an amount determined at the beginning of your lease. The company will collect any applicable fees and costs (registration, license, etc.) if you exercise this option.
- Return the vehicle - Another option is to return your vehicle and walk away.