Lease End Options
Upgrade to a newer car
At the end of your lease, a popular option is to ‘upgrade’ to a newer model. This is a good option if you:
- Have no additional costs associated with the car (mileage, etc…)
- Enjoyed leasing and want to start over again
- (Or) Had a positive relationship with the dealer
If you owe money at the end of the lease, a dealer will tell you that they can just roll over your charges into a ‘trade-in’. This does not mean you do not have to pay the fees, but rather you just end up paying it over a longer period of time, and paying interest on it as well. Try to take care of all charges so that you start your lease anew.
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