Leasing a car is very different from the purchasing it. It’s a matter of renting a car for a specified period of use, and ultimately returning it to its owner. Options are for you available when the lease period nears its end. You either return it to the leasing company or negotiate a good deal to purchase the car, especially if it’s in good shape. You simply need to consider the following:
• You can purchase the car
We consider this option viable since you have used the car and know its exact condition. What you need to do is to find out if the purchased deal is good for you. Your lease contract must have the buy-out figure which is comparable to the true market value. You can buy it in the deal agreed with the owner.
• Decide to walk away
Our team also offers a choice of returning the car to us after the lease period expires. You do not have to be tied to any further payments.
• Leasing a different car
When your lease expires, you have the option of hiring another car from us, and maybe at a lower cost. You get to drive a new vehicle depending on how often you engage in leasing and the needs you have.
All the above options are available to you, but whatever choice you settle for we are here to help you in the best possible way.
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Finance