
Time can certainly fly when you’re having fun. If you just realized that your Genesis lease is expiring soon, you don’t want to wait until the last minute to take action. Jenkins Genesis of Ocala goes over your options for your Genesis lease return.
Extend the Lease
If you are not quite ready to give back your car or need more time figuring out what to do, there is some good news. In many cases, the dealership will allow you to extend your current lease for six months or perhaps a year. At that point, however, you will need to make new plans, and this could include:
Leasing a Different Model
One of the best things about leasing is that it gives you a lot of options. When your lease ends, you could decide to start leasing the same car, but the latest version. You could also go with another model or perhaps a different body style.
Buying the Car
If you love your car, why give it back? You will have the option to buy it, and if you have the means, you can immediately pay whatever it is worth and drive home as the owner. Or, you can apply for financing and then make monthly payments.
Turning the Vehicle In
Your last option with an expiring Genesis lease is just to turn it back into the dealership. There it will be inspected to determine if there is any excess wear and tear you may need to pay for. Once any necessary fees are collected, you won’t have any more financial responsibility for the vehicle.
Make the Right Genesis Lease-End Choice in Ocala, FL
If you’re not sure how to handle the expiration of your lease, Jenkins Genesis of Ocala wants to help. Contact us for guidance. You can also visit our dealership to speak to someone in person about your choices.