Mitsubishi Lease End Options
Leasing a vehicle is a cost effective and efficient way to get the benefits of driving a new car without the commitment of ownership. However, there are some things to consider as your lease is nearing its end, it’s important to understand your options in order to make a well-informed decision. Here at Russ Darrow Mitsubishi, we are committed to helping you choose the best path forward by guiding you through the lease end process.
Review Your Lease End Agreement
It’s important to review your lease agreement and understand the terms and conditions before making any decisions. Pay attention to details such as:
- Mileage limits and excess mileage fees
- Wear and tear guidelines
- Lease end fees and purchase options
Knowing these key details can help you avoid unexpected charges and plan your next steps accordingly.
Inspect Your Vehicle
It’s Important to inspect your vehicle as your lease term is coming to an end. Common areas you should check for wear and tear include:
- Tires and breaks
- Interior and exterior damage
- Mechanical issues if necessary
If you find any excess wear to your vehicle you should consider making minor repairs if necessary to avoid additional charges when you return the vehicle.
Understand your lease end options
We offer multiple options at Russ Darrow Mitsubishi when your lease in coming to an end. Here are some of those options and the benefits that come along with them.
Returning the leased vehicle
If you are no longer in need of the vehicle you can simply return it to our dealership. Before returning your vehicle ensure you have removed all personal belongings, the vehicle is clean and in good condition, and you’ve completed the lease end paperwork.
Purchase the Vehicle You Have Been Leasing
If you are comfortable with your leased vehicle, you may have the option to buy it for the predetermined residual value. This is an excellent choice if you want to avoid shopping for a new vehicle, the vehicle is in good condition, and the purchase price is lower than similar used vehicles on the market.
Trade in Your Lease for a New Mitsubishi
If you’d prefer to stay in a newer model you can trade in your current lease for a new Mitsubishi. There are multiple benefits to leasing a new Mitsubishi such as a fresh manufactures warranty, the ability to choose a new lease term, and access to new technology and safety features.
Extend your lease
If you aren’t ready to return or replace your vehicle extending your lease may be an option. There are some great benefits to extending your lease such as giving you more time to decide on your next vehicle, keeping the vehicle you are familiar with, and possibly continuing your current lease terms without major changes. Contact our team at Russ Darrow Mitsubishi to explore lease extension options and decide if it’s the right choice for you.
Schedule a lease end appointment
Our team at Russ Darrow Mitsubishi is dedicated to making your lease end as smooth and hassle free as possible. Our specialists will walk you through the process, help you understand your options, and help you determine the best course of action based on your needs. Out knowledgeable team is here to provide expert guidance weather you choose to return, buy, or trade in your leased vehicle. We also offer competitive financing and lease specials so you can get into your next Mitsubishi with ease.