If the end of your vehicle’s lease is approaching, it’s important to make preparations now to avoid being left without transportation in the near future. We here at Greg Sweet Ford, Inc. offer the following tips on things you should consider before your lease ends.

If you’re in a position to purchase the vehicle and you wish to own it outright, your original lease paperwork should contain information on how to go about paying it off. You also have the option to trade it in and sign a lease on a newer vehicle that’s a better fit for your current lifestyle and driving habits.

A third option is simply turning the vehicle in to the original dealership or a dealership that sells the same brand of automobiles. Based on the structure of your lease, you may owe a final payment as well as additional fees for extra mileage and any damage beyond normal wear and tear.

 

 

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