Lease End Options in Duncanville, TX

As your lease term contains different options in terms of your yearly mileage and contract length, the same could be said about how many paths you can take once the arrangement ends. If you’re either curious about leasing a vehicle in the future or are nearing the negotiation’s cessation date, look to this guide on behalf of us at Freedom Chrysler Dodge Jeep Ram By Ed Morse about your lease end options. 

Lease Buyout

If the Dodge Hornet that you leased approximately 24 to 48 months ago has treated you well and you’re keen on keeping it for the long haul, we encourage you to speak with our Finance Department about purchasing the model that you’ve borrowed for a while. They’ll break down its cost by calculating its residual value, or what the vehicle is worth after its lease term has expired. After the cost is established, you can either buy it with a one-time payment or divide it into monthly payments over a fixed period. With the car no longer being tied to an agreement, you’re able to modify it and drive around without a mileage allotment. 

Continue Leasing

While you might be appreciative of the amount of time you were able to spend with your leased vehicle, it’s possible that you might be ready for greener pastures. In that case, you can speak with our team about continuing to lease a new model to drive through Duncanville. This process involves trading in your current car, selecting a factory-fresh vehicle from our vast network of models, and then picking new contract terms. If your workplace recently moved the office you’re stationed in or you’d rather keep your vehicle longer this time around, you can make the appropriate adjustments to your mileage and lease length. That means you can take more trips to Lakeside Park without going over your travel allowance.

End the Contract

In some cases, the most sound decision you can make for your lifestyle is to return the Jeep Wrangler you’ve had the pleasure of driving. If you feel as if you might be headed this route, we recommend that you reach out to us around two to three months before the arrangement’s printed end date to schedule a lease inspection. We advise this timeframe because it allows you some time to prepare your car for a thorough evaluation that involves its condition, odometer reading, engine components, and more. This means you can address those minor paint chips after a few trips on I-20. Once you’re at our location, turn in the vehicle itself as well as its key fob and you’ll be on your way!