Lease-End Options
Volvo Lease-End Options in Eugene, OR
Leasing a prestigious Volvo is a cost-effective way to buckle up in a luxurious ride. Here at Volvo Cars Eugene, we always make sure to thoroughly explain the leasing process to every customer who walks through our doors looking for a new ride. However, we don’t see these customers for a few years after we’ve equipped them with one of our grand models. Since lease terms last an extended period of time, you may be indecisive on what you’d like to do once your lease comes to a close. If that’s true, continue reading our guide below where we’ll help you decipher what options are available to you.
What is a Lease?
Leasing a new Volvo opens doors to an abundance of perks without the hassle of ownership. After making monthly payments for a few years on their model, many drivers typically return their Volvo to us once the lease term ends. Annual mileage limits generally range between 10,000 to 15,000 miles* — request more at signing if you know ahead of time that you’ll use more than that.
Benefits of Leasing
The benefits are endless when it comes to leasing a new Volvo. Typically, the down payment and monthly payments are lower if you take the leasing route, and the lease duration often mirrors the length of your limited vehicle warranty. This means that manufacturer defects or other qualifying repairs will be covered for the entire length of your lease. Rest easy knowing that you just have to be responsible for routine maintenance. You’ll also get to experience the latest features Volvo has to offer since you’ll get behind the wheel of a new model every few years if you decide to swap your vehicle for a new one once your current lease term ends. Lastly, you won’t be stuck with a car you have to sell once your lease ends — we’ll simply take it off your hands!
Your Lease-End Options
When your lease is up, you’ll have three choices to pick from:
Return your vehicle to the dealership
Trade in the lease for a new one
Purchase your vehicle
One of the best perks of leasing at Volvo Cars Eugene is that returning your ride is easier than ever. If you aren’t interested in buying the model outright, feel free to return the Volvo and keys to our finance department and pay any applicable fees. Have heart eyes for one of our models from our newest lineup? Trade your current lease for a new one and fall in love with a new ride all over again. If you don’t want to let go of your trusty ride, purchase it once your lease comes to an end and take it home as your own.
For more information or to discuss your lease-end options further, contact us today or stop by Volvo Cars Eugene at 89320 N Game Farm Road, Eugene, OR 97408. And don’t forget to check out our current new car specials to see if you could get an exceptional lease offer on the vehicle you want. We look forward to serving our customers near Roseburg, Springfield, Coos Bay and Florence.
(Disc) According to AAA. Please visit this link for more information.