What Are My Options at the End of My Chevrolet Lease?

A Chevrolet lease comes with a lot of flexibility, including a range of lease-end options. When your lease term ends, you can return your vehicle to the dealership and walk away, lease a new vehicle, or purchase your leased vehicle. Lester Glenn Chevrolet of Freehold has the details about these three most common options to consider at the end of a lease term.

Purchase Your Leased Chevrolet Vehicle

If you want to continue driving the Chevrolet model you leased, you can purchase it at the end of your lease term by paying its residual value or taking out a loan. We can help you choose a flexible financing plan to ensure you make timely and affordable monthly payments for your vehicle.

Trade Your Vehicle for a New Model

If you’re interested in leasing a new Chevrolet vehicle as your lease term ends, you can trade in your vehicle for a different model. This option allows you to drive newer Chevrolet models with upgraded comfort, technology, and safety features every few years.

Return Your Leased Chevrolet Vehicle

You can also simply choose to return your leased vehicle if you’re finished driving it. When you return your leased vehicle, its monthly payment should be up to date. Consider getting your vehicle inspected and cleaned out before returning it to the dealership.

If your leased vehicle shows significant wear or tear or exceeds its mileage limit, you may have to pay additional fees. You’ll also need to return your owner’s manual and key fob when returning your vehicle.

Apply for a Chevrolet Lease in Freehold, NJ

Leasing a Chevrolet vehicle is an appealing option for drivers with a tight budget. Are you interested in applying for a Chevrolet lease? Visit our Chevrolet dealership in Freehold, NJ, to get started.

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