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When your lease is over, you might think your only choice is to turn in your vehicle and get another. But that's not
true. To help, we've explained your available options below. Keep reading to find the one that works best for you.
What Do I Do at the End of My Lease?
Return the Vehicle
You may decide that returning your car is the best option. The only extra payments you may have to make will be for any mileage you have accumulated over your predetermined limit and any damages.
Keep Your Vehicle
If you don't want to give up your vehicle, you can purchase it outright. This can be a smart move if the car has kept most of its value. You'll just need to pay the remaining balance.
Trade in the Vehicle
What if you discover that your car doesn't match your lifestyle anymore? You can trade it in for one that's a better fit. The deal will then work like a standard finance deal. You can simply visit Pecheles Ford to review your options.
No matter what your situation may be, you have plenty to consider when your lease terms draw to an end. If you're interested in learning more about what your options are and how they can impact your opportunities in the future, feel free to contact us directly or stop by Pecheles Ford at 4020 Highway 264 W. Washington, NC 27889 today. We look forward to serving our customers from Greenville, New Bern, Williamston and Elizabeth City, NC.