As your lease term draws to a close, it’s time to explore your next steps. Whether you’re interested in upgrading to a new INFINITI, keeping your current vehicle, or simply returning the lease, INFINITI of Peoria is here to assist you every step of the way.
Option 1: Upgrade to a New INFINITI
When your lease ends, you have the perfect opportunity to upgrade to the latest INFINITI models. By trading in your leased vehicle, you can seamlessly transition to a brand-new car.
Benefits of Leasing Again:
- Access to the Latest Models: Experience the newest INFINITI technology and features.
- Reduced Maintenance Costs: Many lease agreements include maintenance plans, helping you save on out-of-pocket expenses.
- Potentially Lower Monthly Payments: Depending on your lease terms and eligibility, you may enjoy monthly payments similar to or even lower than your current ones.
Option 2: Purchase Your Lease Vehicle
If you’ve grown attached to your INFINITI, you might consider purchasing it outright.
How to Determine if a Buyout is Right for You:
- Assess Vehicle Condition: Consider the car’s wear, mileage, and any potential repairs.
- Check Market Value: Compare the current market value to understand the resale potential.
- Evaluate Financials: Review the total cost of ownership, including the buyout price, interest, and depreciation, to decide if purchasing makes sense.
Option 3: Return Your Lease
If you’re ready to move on, returning your lease is a straightforward process.
Steps for a Pre-Return Inspection:
- Schedule Early: Arrange an inspection a few weeks before your lease ends.
- Inspection Process: A representative will evaluate your vehicle for excess wear, damage, and overall condition.
- What to Expect: The inspection will ensure compliance with your lease terms.
Finalizing the Return:
When returning your INFINITI, please bring the following:
- Original lease agreement
- Vehicle keys
- Owner’s manual and maintenance records
- Any accessories that came with the car
Potential Charges to Note:
- Mileage Overages: If you’ve exceeded your mileage limit, there may be per-mile charges.
- Excess Wear and Tear: Additional fees may apply for damages beyond normal wear.
- Disposition Fee: This fee covers the administrative cost of processing your lease return.
As your lease comes to an end, consider your next move. Whether you’re upgrading to a new INFINITI for the latest features, purchasing your current vehicle, or returning your lease, we’re here to make the process easy.
To learn more about your lease return options, contact us or visit the INFINITI website today.
