What should I do before returning my car at end of lease term?
When you bring the vehicle back in to the dealership if you’re going to give the keys back, they are going to be looking at the condition of the car. So, just as if you were selling it to a private owner, you want to be sure that you’ve carried out good car maintenance on the vehicle, and that it is as clean as possible. So have it professionally detailed or spend a long Saturday afternoon making sure it looks as good as possible. Secondly, you might want to do a little research to find out what the vehicle is actually worth. As we’ve discussed earlier, leasing your paying difference between the price of the vehicle new compared to the price of the vehicle at the end of the term. Over three years that guess may have been wrong and where the assumption was the vehicle will be worth fifteen thousand dollars, in reality three years on it might be worth seventeen thousand dollars. So, to your advantage it might be better to buy the vehicle for fifteen thousand dollars and then sell it to t
Related Questions
- Why should I have to pay the Residual Value at the end of the lease term to own the car when I have already been paying monthly rentals for the entire tenure?
- If I opt for a new car at the end of the lease term will the security deposit be adjusted in the new cars financing?
- What should I do before returning my car at end of lease term?
