Leasing Center // End-Of-Lease Options

End-Of-Lease Options

At Larry H. Miller Chrysler Jeep Dodge Ram Surprise we are dedicated to making your end-of-lease process as smooth and easy as possible. As you approach the end of your lease, consider your situation and your options to find the best path for you!

There are two primary options when your lease expires: you can return your leased vehicle or you can purchase your leased vehicle for the residual value listed in your lease agreement.

  • Return Your Leased Vehicle

    When your lease expires, you have the option to return your leased vehicle. Returning your leased vehicle can be beneficial in many situations. For example, if you wish to upgrade to a newer model or an entirely different vehicle, you can simply return your leased vehicle and shop for another car, truck, crossover, or SUV to lease or purchase.

    Lease Return Option
  • Purchase Your Leased Vehicle

    At the end of your lease term, you may choose to purchase your vehicle. There are many reasons you may wish to purchase your leased vehicle. For example, if the residual value of your vehicle is less than the market value of your vehicle at the time your lease expires, it could make good financial sense to purchase your leased vehicle.

    Lease Purchase Option

See our End-Of-Lease Timeline below for helpful information about what to do as your lease expiration approaches, or contact us to find out more about your options!

End-Of-Lease Timeline

Six Months Remaining

It's time to start thinking about your options and deciding what you want to do with your current lease.

The first thing you need to think about is if you want to keep your current vehicle or get something new. Many people build a bond with their car and decided that they don't want to give it up at the end of their lease, while others want something new to keep up with the current technology and features, or just need something bigger to carry their growing family. This can be a hard decision, that's why it's time to start thinking about your options now so you will be ready when your lease expires.

Four Months Remaining

It's time to start preparing for the end-of-lease process.

If you're going to return your leased vehicle, you should:

  • schedule your pre-return vehicle inspection to avoid any unexpected fees and expenses
  • schedule any necessary maintenance or repairs
  • shcedule your vehicle return appointment
  • satisfy any lease liability fees or charges

Otherwise, if you're planning to purchase your leased vehicle at lease end, contact us for more info!

Two Months Remaining

Your lease is due soon! Have you decided what your next step will be?

You've spent the last few months researching your options and deciding on your next step, but have you picked out your next vehicle? Did you know, when you lease your next vehicle with us you may be eligible for loyalty rewards and other savings? Schedule an appointment with us today and we will gladly finalize your end of lease decision, and help you pick out your next vehicle!

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Want To Talk About Your End-Of-Lease Options?

Every leaseing situation is unique, so our expert leasing staff will be happy to discuss your situation and options to make sure everything goes smoothly when your lease expires!

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