Lease End Options near Rockville, MD

Are you reaching the end of your lease and want to learn more about the options you will have before you stop by Pohanka Lexus? Read this overview we have provided that gives you a general overview of your lease end options. Once you’ve informed yourself of the potential passages you can take, don’t hesitate to visit Pohanka Lexus and proceed with any of the three. Our team will be happy to accommodate you during our convenient hours of operation. 

Renew Your Contract

If you liked your agreement and discovered that leasing is convenient and fits your lifestyle, you can renew your contract! You can keep or customize your current stipulations, such as duration and mileage, or change them based on your changing lifestyle. One of the benefits of renewing your lease are the continued lower monthly installments based on the depreciation of the model instead of the total sticker price. Not only that, but you will also have the benefit of always driving a brand new model with the most recent technological amenities, as you will be able to trade up to the latest iteration of the vehicle you were previously driving up and down Interstate 270. 

End Your Contract

The next choice is ideal for those who decided this was not the route for them. At the end of your contract, you can turn in the keys and walk away without any further obligations. Before you do, we will examine the leased vehicle to ensure you adhered to the limitations of your contract, especially the agreed-upon mileage. Our Service Department will also provide a comprehensive examination of the powertrain and other mechanical components to ensure they’re not damaged and they were properly serviced. After all of this, you will be free to walk out of our location without any issues or further concerns. 

Financing

Lastly, if you grew particularly fond of the vehicle you had in your possession for the average of three years, you can also permanently own this model. Our Finance Department staff members will assist you in creating an agreement that will allow you to permanently drive this automobile. Your payments will then be adjusted to reflect the remaining depreciated value instead of the total sticker price, making your previous payments helpful in lowering the final installments. Once you’ve considered these three aforementioned conditions, come into Pohanka Lexus with your mind made up towards how you will proceed at the end of your contract. 

- Lexus Lease Return Center near Rockville, MD