What is a Car Lease?

Leasing a vehicle is like renting a car from a dealership for a certain period under a contract. Drivers pay a monthly fee with interest to use the vehicle and must return it to the dealership by the end of lease.

A car lease is another option for drivers who want to save money on long-term maintenance and repairs from wear and tear, monthly lease payments and interest rates, and the high retail cost of driving a premium vehicle. With the lease option, drivers do not have to shoulder all the financial and maintenance responsibilities of buying a car.

However, some conditions come with leasing a vehicle as indicated in the contract, and drivers must abide by them. Leasing imposes mileage limits, so if you love long-distance travel, you may have to pay extra at the end of your lease terms if you exceed the limit.

To know more about leasing a car and the process involved, visit us at Livermore Lincoln in Livermore, CA today!

How to Turn In Your Vehicle

Returning your vehicle to the dealership at the end of your lease is easy. You simply take your car back for final assessment, talk to customer service representatives for guidance, secure the paperwork required for the return, and pay the extra fees as needed. Once everything is settled, you should be heading out in no time.

But there are things you need to remember to take care of first before you take your leased vehicle to the dealership when your lease expires. And by taking care of them diligently, you can save more money on fees and eliminate the unnecessary stress in the process.

About three months before your lease ends, your dealership should notify you about your lease expiration date. Reminding you about your lease expiration gives you time to prepare your vehicle for the end-of-lease process.

Since dealerships charge a fee for excessive wear and tear, it may be wise to get your car washed, cleaned, and touched up as needed. You must also remove all the extras that you’ve stored inside the vehicle during the lease period.

Once your car looks clean and well taken care of, it’s time to take it to the dealership’s designated inspection facility to be inspected and assessed. If your car has been well maintained, your inspector may not charge you any extra fees for repairs from dents and wear and tear.

Your End-of-Lease Options

There are several options to take when your lease expires, and one of them is to not return your leased vehicle to the dealership in place of other choices. You can opt to buy your leased vehicle from the dealership, extend your lease contract, sell your car, or upgrade to a newer vehicle.

Lease Your Car With Us

At Livermore Lincoln, we offer the best inventory of vehicles for lease. Our process is also clear, simple, stress-free, and loved by our loyal customers.

Talk to our customer service representatives to see how you can lease your dream car at a fraction of the retail price and take advantage of all our exclusive promos to score more deals and savings. Schedule a test drive at your convenience and find out the perfect car for your daily driving needs.

Visit us at the Livermore Lincoln Dealership at Livermore, CA to learn more about our lease offers today!