If you want a new vehicle but would rather not purchase, we recommend leasing. There are many factors that go into creating a car lease, such as the length of the term and mileage limits. After all is said and done, however, what are your choices when your lease is over? Allow us at Van Horn Nissan Stevens Point to help.
First, your leased vehicle will need to be inspected for excessive wear and tear upon return. After, you’ll receive a list of the instances in which damage was observed along with estimates for fixing the problems.
Because you have the option to fix those issues on your own, you should schedule your inspection about 90 days before you return your car to provide enough time for repair. You may also pay the dealership to amend the issues.
The end of a lease is also when you’ll need to decide what route you want to take next. If your leased vehicle turned out to be the perfect fit, you are more than welcome to purchase it at a predetermined price. Have your needs changed, but you still want the flexibility that comes with a lease? You have the option to sign a lease on a new vehicle! And of course, you can turn in your keys and simply walk away.
We’re here to help you make the right decision. To learn more about what happens when a lease expires, contact Van Horn Nissan Stevens Point today. We look forward to working with you soon!