When your leased term approaches its end, you may be thinking about what to do next. In many circumstance, you end up in a situation where making decisions is tough. In these cases, you have several options to choose from. These alternatives are, purchasing or leasing another vehicle. You may also consider buying your leased car for the price listed in your lease contract and any related taxes and fees.
The other choice is to return your leased vehicle. The mail notice contains details on how to determine if the car has excess wear and use or even excess mileage. You can return it if you have satisfied the lease end obligations such as disposition fee, if applicable and user charges.
Extending the lease for a limited period may also be an alternative. You can contact the dealership and ask about this option. Close to this, is releasing the car through used car lease or trading it on a new lease. These options always work appropriately for many people.