Are you approaching the end of your Jeep® lease? It’s time to start preparing your vehicle to return it to the dealership. We’re highlighting everything to expect for your lease end at Fields Chrysler Jeep Dodge RAM Glenview.
Vehicle Assessment
Our expert term will assess your vehicle to determine its current market value, which can help you decide if you want to buy your lease or return it. Keep in mind that if you have an open-ended lease, you’ll be responsible for paying the difference between your vehicle’s current value and its residual value if it’s worth less than originally projected.
Decide How to Proceed
There are a few options to proceed:
- Buy your vehicle (or apply for financing)
- Return your vehicle and drive away in a brand-new model
- Extend your lease on a month-to-month basis or for another predetermined term
Vehicle Inspection
If you opt to return your lease, we’ll also carefully inspect it. If it has any damage that’s considered outside normal wear and tear, you will face fees. If you have existing damage, you may want to consider scheduling repairs.
Pay Fees
Even if your vehicle is still in perfect condition, there will still be fees to address, if you decide to return your lease. Every lessee owes a disposition fee at the lease end, which covers the cost of cleaning your vehicle and preparing it for resale. You’ll also owe excessive mileage fees if you exceed your mileage allowance.
Renew Your Jeep Lease in Glenview, IL
There’s no need to dread your lease-end approaching. We’re committed to making it a quick and convenient process. Whether you’re considering buying your vehicle or ready to swap it out for a new Jeep, visit Fields Chrysler Jeep Dodge RAM Glenview to get started today!