The Lowdown on Ending Your Lease

Leases are one of the most popular means of finding a vehicle for personal use. They are basically rental agreements that are set for a static period. Leasing agreements for vehicles are different in nature than buying or financing a car or truck.

At the end of the lease, you’ll have several choices:

  • You can return the vehicle you just leased, without having any obligation to lease it again or pay further installments.
  • Some people ask for lease extensions, as they simply aren’t done with their vehicles yet.
  • You could also buy the vehicle. Most dealerships will offer a lower price to you, since you just leased it for several years. Sometimes, the offer is a great deal and even has resale opportunities.

Meet any of our representatives from Audi Downtown LA and discuss your lease-end options with no obligation. Our finance center in Los Angeles, CA is full of experts who can help you with all your needs.

Tags: finance, leasing

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