Everything You Need To Know About Your Lease Return Options

Many of the drivers who visit our dealership are interested in learning more about leasing. In fact, leasing has quickly become one of the most popular financing options. Not only does leasing allow you to invest in stunning Mercedes-Benz models at competitive monthly prices, but it also gives you more freedom and versatility. Since leases are short-term investments that only last for a few years, you get to decide what you want to do once your lease ends.

What are your lease-end options, though? And what are the benefits of each option?

Your Lease-End Options

When you bring your leased vehicle back to our dealership, your next step is to explore your different options. There are four that you can consider, all of which have their own benefits and drawbacks. Depending on what you want out of your driving experience, any of these options could be a good one for you. Furthermore, we are proud to serve drivers from all over, regardless of whether you live down the road or are visiting from Lexington, SC or Sumter.

Extend Your Lease

If you have been leasing a certain vehicle and you like it, there is no reason you have to give it up or lease a different vehicle. By extending your lease, you can continue to drive the model you like. You can negotiate a new lease with our financing team.

Return Your Vehicle

If you have completed your lease and no longer want to have the vehicle, you can simply return it and walk away. This option is popular for drivers who needed a short-term driving option, but are now interested in checking out other models and financing options. When you return your vehicle, it will be checked for damage. Once that's complete, and any final costs are handled, your will be all set to walk away.

Trade In Your Vehicle

Depending how much value your vehicle has, it could be advantageous to trade-in your vehicle. This is especially true for drivers who are looking to switch from buying to leasing. By trading in your Mercedes-Benz model, you are able to utilize its value and put it toward the purcase of a new vehicle. This can be especially helpful for drivers who want to buy a brand-new Mercedes-Benz vehicle.

Buy Your Vehicle

Buying the vehicle you previously leased can be an advantageous option, too! This is especially true if you have positive equity -- meaning its market value is higher than the cost to buy it. This can be helpful to you because it gives you the option to sell your vehicle in the future. Even if you don't plan on selling your vehicle, buying a car you already like can be a good move.

Our Finance Team Can Help!

No matter which lease end option you choose, you can trust that our finance team will be here to help you every step of the way. They can answer any questions you have about leasing, the benefits of each lease end option, and more. Plus, if you are buying or leasing a different vehicle, they can walk you through the paperwork and process required.

Ready for a Test Drive?

If you would like to learn more about our selection of vehicles, including our new Mercedes-Benz models, please feel free to visit us at your next opportunity. The team at Dick Dyer Mercedes-Benz in Columbia, SC.

Our team would be proud to answer any questions you may have about the purchasing process. We are proud to also serve drivers in Aiken and Camden, SC.