Guide to Your Jeep End of Lease

Guide to Your Jeep End of Lease
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Are you currently in the midst of a lease? If your lease is about to end, then you may be unsure of what to do next. However, the end of your lease presents opportunities to switch to a different vehicle, lease something new, or even consider purchasing a car outright. There are many ways to prepare in advance for the end of your lease, ensuring that you're well-informed about what steps to take when the time arrives. At Village Jeep, we want to keep our customers informed about their lease-end choices, allowing everyone to confidently decide their next move. Down below, we will fill you in on some of these options and provide our top recommendations on how to ready yourself for the end of your lease. Continue reading to discover more!
What Can I Do at the End of My Lease?
If your lease is approaching its end, it's crucial to consider the available options carefully. Every lease comes with a predetermined end-date, giving you the opportunity to make a decision about the next steps. Generally speaking, your choices will involve either continuing the lease or purchasing a vehicle. If you opt to continue leasing, you can either renew the lease on your current vehicle and continue driving it, or return the vehicle and select a new one. On the other hand, if you've decided to move away from leasing and want to make a purchase, there are alternatives within that decision as well. You can choose to buy the vehicle you've been leasing, also known as a lease buyout, or explore our inventory of new and used cars to find something different to purchase. Here at Village Jeep, we can offer advice to help you decide your best option!
How Can I Prepare?
To ensure a smooth end-of-lease process, it is highly beneficial to begin planning ahead of time. It's never too early to start planning, but we recommend splitting the process into three phases: 90 days, 60 days, and 30 days. The 90-day mark is a great time to start the research phase, where you can explore the various options we previously discussed. Around 60 days before the end, you'll be ready to schedule your end-of-lease inspection, which we will describe more in the next section. By securing your service appointment in advance, you can eliminate any rushing or scrambling for an appointment later. Finally, approximately 30 days before the lease concludes, it's time to solidify your decision, and get in touch with your dealership to take the next steps, whether that means extending your lease, trading in your vehicle, or making a purchase!
What About Last-Minute Prep?
As mentioned earlier, there are several proactive steps you can take to prepare well in advance for the conclusion of your lease. Around 90 days prior to the end date, you can begin laying the foundation for a successful and seamless lease-end process. However, there are specific tasks that you'll want to focus on before the lease ends. One task is scheduling an end-of-lease inspection for your leased vehicle. During your inspection, your mechanic will carefully evaluate your vehicle, taking care of any necessary repairs and performing routine maintenance to get it looking and running good as new. Apart from the inspection, you'll also want to thoroughly clean out your car, removing all personal belongings and ensuring that the touchscreen and Bluetooth systems are free of any personal information.
Is Leasing Right for Me?
As we mentioned above, your main choices boil down to whether you want to continue leasing, or make a purchase. How can you tell which option is best for you? Leasing offers an excellent choice for those who enjoy frequent car changes. With the opportunity to drive something new every few months, you can test out all the latest models without long-term commitments. On the other hand, purchasing a car has its own advantages. When you own a vehicle, you have the freedom to personalize it with various parts and accessories. Plus, you don't have to worry as much about scratches, stains, or other damages, because you can fix them on your own time without worrying about the lease-end inspection. This might make it a good choice for those with pets, small children, or outdoor equipment. Regardless of your decision, the team at Village Jeep is here to help you every step of the way!
Lease With Us at Village Jeep!
Whether you're embarking on your first lease, considering a renewal, or in search of a new or used vehicle, the team at Village Jeep is here to provide assistance. You are welcome to visit our showroom in Royal Oak, MI, where you can explore our extensive range of new and used inventory. Our knowledgeable sales associates will guide you through the process of initiating a new lease and address any questions you may have regarding the end of your current lease. We are also equipped to help you with financing options that suit your budget and fill you in about our ongoing specials to help you secure a great deal. Take the first step today by giving us a call or paying a visit to Village Jeep!
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