Lease-End Options | Rochester, NY
Lease-End Options in Rochester, NY
You may have more options than you know at the end of your lease. That’s especially true if you're thinking of just returning your car at the end of it. Take a look at our guide on leasing options, where you can see the definition of a lease, the benefits of leasing a vehicle and what lease-end options you have. You can figure out if it’s a good fit by reading the guide and then you can make a decision.
What is a Lease?
A lease gives you the ability of driving a new Chrysler, Dodge, Jeep or RAM without the responsibility of ownership. You’ll need to make monthly payments for a period of two or three years depending on the length of the term, and return the car at the end of the lease. Newer models depreciate quickly, so your monthly payments will be according to the value. The contract on the car comes with annual mileage limits which range from 12,000-15,000 miles a year. If you need more mileage per year, we can set up an option for more at charge.*
Benefits of Leasing
The payments for a lease are often much lower than the payments you would make if you financed a vehicle, and the down payment is lower too. Also, the manufacturer warranty on the car matches the length of the term of the lease meaning major repairs and maintenance is covered. Therefore, you’ll only be responsible for smaller issues like tire rotations and oil changes and anything else is covered under warranty.
When you choose to lease instead of own a vehicle, you choose to be flexible and practical. You’ll be able to get a new car every so often, and won’t have to worry about negotiating for your vehicle. The benefits of leasing include the technology and comfort of a luxury vehicle without the weight of ownership.
Your Lease-End Options
When your lease is up, you’ll have three choices to pick from:
You may be happy with the vehicle you leased but may not want to purchase it, you can return it to our dealership and pay any applicable fees . You can then upgrade the vehicle to the newest edition of the model, by trading in your Chrysler, Dodge, Jeep or RAM for a different one. But if you really like the model you’ve already had, you can purchase it at the end of your lease.
For more information or to discuss your lease-end options further, contact us today or stop by our dealership at 4477 Ridge Rd W, Rochester, NY 14626 . And don't forget to check out our current new car specials to see if you could get an exceptional lease offer on the vehicle you want. We look forward to serving our customers near Spencerport, Hilton and Greece, NY.
*According to Edmunds.com. Please visit this link for more information.