What can I do after my Mazda lease ends?
If you have been leasing a sedan, hatchback or crossover SUV from Bert Ogden Mazda in Edinberg, we hope you’ve enjoyed all of the benefits that came with it. But, if time on the term is running short, you might be wondering, ‘What can I do after my Mazda lease ends?’ Don’t worry, the experts working in our showroom are ready to help. Basically, when your Mazda lease comes to an end, you have three basic options: Turn your vehicle in, purchase your vehicle or extend your lease. Our finance team helped put this guide together to help customers start to think about their next step. Let’s see what they came up with.
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Turning in a leased vehicle
When a lease ends, the most popular option is to turn the vehicle in and start a new lease. At 45 days before the lease end date, you can schedule a complimentary pre-inspection that can be useful to avoid additional fees for excessive wear and tear. If something needs to be repaired before turning the lease in, this would be the time to get it done. Additionally, if you choose to not get a new lease, that is certainly an option.
On the day you turn your vehicle in, make sure you do the following things:
• Place the owner’s manual in the glove box.
• Turn in both sets of keys to the vehicle.
• Remove all personal items from the vehicle.
Purchase the vehicle
It is entirely likely that you have fallen in love with the Mazda vehicle you’ve been leasing, and you want to keep it forever. We can certainly help you with that. Most, if not all Mazda leases come with provisions allowing to pay a set price for the vehicle when the lease is over. There are few other things to go over when purchasing a leased vehicle. If this is the route you want to take, make an appointment with a Bert Ogden Mazda in Edinberg representative.
Extending your lease
Mazda offers a half-step between the first two lease-end options – extending the lease. In order to use this available choice, you will need to contact the manufacturer’s leasing arm at least 180 days before the lease ends. The basics are pretty straightforward when it comes to extending a lease. Any Bert Ogden Mazda in Edinberg representative will be able to provide you with the necessary contact information.
This is meant to be a preliminary list of options you can make when your Mazda lease is over. Make an appointment with one of our product experts today to learn more about the process.