There are many benefits to taking out a Mazda lease. But what happens when your lease term comes to an end? Northtowne Mazda is here to help you understand your end-of-lease options, so you can make the best choice for your lifestyle, budget, and driving needs.
You Can Extend the Lease
If you’re just not certain what you want to do next, you may want to consider extending your lease. You can either extend the lease on a month-to-month basis or with a fixed-month extension, making it a good option if you are waiting for your next vehicle. Contact your leasing team two to three months before your lease is up to extend.
You Can Buy Your Vehicle
On the other hand, if you fell in love with your car and you don’t want to give it up, purchasing your leased vehicle is a way to hold onto the model well into the future. Speak with our team to see what the buyout price for your vehicle is and explore loan options for it.
You Can Trade In
The most common option at the end of the lease term is to simply bring your vehicle in and trade it for the next model. In fact, the simplicity of trading in vehicles is one of the primary benefits of leasing a car. You want to try to avoid trading your lease in early, however, as early termination fees can add up.
Lease Your Next MAZDA Vehicle in Kansas City, MO
If you’re still unsure what the best path forward is, the team at Northtowne Mazda can help. Visit us to explore all of your lease-end options and browse new models today.
