Our team is happy to help you navigate the often confusing waters of lease returns. While several components of the process, such as the vehicle inspection, can seem daunting, rest assured we'll walk you through everything you need to know. Whether you leased your vehicle from us or not, we can help you with the return.
Below are the primary options for what to do at the end of your vehicle's lease. Feel free to stop by or call and let us know if you have any questions or how we can help.
Lease or Buy a New Vehicle
If you've decided that you don't want to keep your currently leased vehicle and want a different model, stop by Spitzer CDJR Homestead for a test drive. Once you decide on a new model, ask yourself if you enjoyed leasing your vehicle or would prefer to buy instead. Some people enjoy driving the latest model, and leasing a new car, truck, or SUV is the ideal route. If you're someone who would prefer not to have mileage limitations, buying the vehicle is probably better for you. Either option provides you with a great new car. We have a variety of Chrysler, Dodge, Jeep, Ram, Wagoneer lease deals for you to choose from that may help make this the easiest choice.
Turn In Your Vehicle
For those who feel limited by leasing, the best option is to turn the vehicle in when your lease ends. While you'll lose any equity you've built up during the lease, sometimes it is the best choice. Carefully consider all your options before committing to this option, as you'll be starting from scratch: you'll need to set aside money for a down payment and possibly other fees to get you into a new vehicle. Also, remember that part of the lease return process is an inspection that looks at damage to the car beyond normal wear and tear. We encourage you to speak with our sales and finance teams to see the best option.
Purchase Your Vehicle
After living with a vehicle for a few years, you rely on it for daily transportation, road trips, and much more. It's a member of your family. You can buy your vehicle outright when your lease ends and continue that relationship. In many cases, this is an easy decision as you're purchasing the vehicle based on the residual value (the value of the car at the end of the lease) rather than the initial selling price. Speak with the finance team at Spitzer CDJR Homestead to learn about arranging a loan and setting terms.
Speak with a Leasing Specialist at Spitzer CDJR Homestead
The leasing specialists at Spitzer CDJR Homestead know all the finer points of lease agreements. Visit us to talk to a staff member and review your car lease options. Whether you're looking for a new vehicle lease, you're interested in discovering our special lease offers, or want to help buy out your current lease; we'll sit down with you and help you understand what's available. If you have questions about lease returns, please call us at (786) 504-0742 or contact us online. If you would like to meet with our leasing team at our dealership, we can get the answers you're looking for in person. We look forward to helping you take the next steps to finding the right vehicle for you.