What are the options with used car lease purchase?
1. Settle the agreement – You can settle the used car lease purchase agreement anytime by asking for a settlement figure, if you want to keep the vehicle, you can simply pay off or re-finance this amount. 2. PX against another vehicle – You can part exchange your vehicle for another new or used car and if the trade-in value is greater than the final payment, the difference can be put down as a deposit on your next vehicle purchase. Excess Mileage There is no excess mileage with used car lease purchase, as the vehicle never goes back to the finance company. Because the used car lease Purchase Plan has no tie to a mileage contract and typically offers a lower rate incentive, it make this type of finance product a popular choice and the best solution for most of our customers.
