Lease End Options | Mobile AL

Are you almost at the end of your current lease? You may think that your only option is to turn it in and find something new. Luckily for you, there’s a little more to the process than that. To find out what your best option may be, keep reading. Here at Lexus of Mobile, we’ll help you find one that works for you.


Return the Vehicle

After reviewing your options at Lexus of Mobile, you may decide that returning your vehicle is the best course of action for your situation. The only additional payments you may have to make involve any mileage you have accrued over your predetermined limit, as well as any wear and tear.


Keep Your Vehicle

Have you fallen in love with your vehicle over the term of your lease? Is the thought of parting ways with it no longer appealing to you? You have the option to purchase the vehicle outright. This can be advantageous if the vehicle has retained its value well. The only part you would need to pay would simply be the remaining balance.


Trade in the Vehicle

If you find that your lease is no longer ideal for your lifestyle, you can trade it in for one that’s a better fit. If that’s the way you want to go, the deal would then work like a standard finance deal. You would simply come to Lexus of Mobile to review your options.

No matter what your situation may be, you have plenty to consider when your lease terms draw to an end. If you’re interested in learning more about what your options are and how they can impact your opportunities in the future, feel free to contact us directly or stop by Lexus of Mobile at 3024 Government Blvd, Mobile, AL 36606 today. We look forward to serving our customers from Gulf Coast, Daphne and Spanish Fort.