Lease-End Options

As your lease winds down, you have more choices than most people realize. Here are the moves — and we'll help you make the smart one.

At the end of your term

• Return it and walk away. As long as you're within your agreed mileage and normal wear, you hand it back with nothing further owed (a disposition fee may apply with some banks).
• Buy it. Use your purchase option to keep the car at the price set in your contract.
• Trade it. Roll it toward your next lease or purchase with us, often in one clean transaction.
• Extend it. In some cases you can extend the lease for a period rather than turn the car in right away.

If you need to get out early

Ending a lease before its term is generally costly — you're responsible for the remaining obligation. If you're in that spot, your options are usually to buy the vehicle, sell it, trade it, or arrange a lease assumption with bank approval by satisfying the payoff balance. We'll help you find the least expensive way through.