Once your Toyota lease ends, you have a lot of flexibility in what comes next. If your lease will be ending soon, you have a few different options available.
Buying It
If you love your car and don’t want to give it back, you’ll have the option to buy it. If you don’t have the full amount of money to do this, you would need to take out a loan and then make monthly payments.
Upgrading Your Model
Every year, cars come out with improved features and amenities. If you like the car you have but perhaps want to see what’s changed or upgraded with a newer version, you can upgrade to a more current model.
Trying Something Different
You’ll also have the option to try out a different vehicle. Perhaps you’re currently leasing a sedan but your family has grown and you need something bigger. Now you can turn in that sedan and lease an SUV or minivan.
Turning It in
Once your lease ends, you are no longer obligated to the vehicle. This means that you can just turn it in. This is why many people decide to lease, as it allows them to have a car for a short period of time without a long-term commitment.
Make the Best Chose for Your Expiring Lease at Heritage Toyota Owings Mills
If your lease is ready to expire, you’ve got a big decision on your hands. If you’re not sure what you should do, Heritage Toyota Owings Mills can help. Contact us to discuss your options in more detail. We can also talk to you about our current lease specials and any of the vehicles we have in stock.
