What Are My Options at the End of a Lease

If you’re coming up on the end of your lease, you might be wondering what happens next. Luckily for you, you’ll have plenty of options on how to move forward! Continue reading below to learn about all the routes you can take, or swing by Honda of Chantilly and meet directly with a member of our team. You can easily find us at 4175 Stonecroft Boulevard in Chantilly, VA.

Lease Again

Let’s say your dreading the day your lease ends because you’re not quite ready to let go of the ride that’s been your dependable sidekick for the last few years. Well, if that’s the case, you’re free to lease the same vehicle again. That’s right! Just because you’ve reached the conclusion of your terms doesn’t mean you’ll have to say goodbye to your vehicle. If you’re ready for something new but want to continue leasing, you can also find a new ride on our lot. Whatever you decide, choosing to lease again is never a bad idea!

Buy

Of course, if you’d like to make your temporary set of wheels into your permanent ride, you can also purchase it at the end of the lease as well. This is a great choice for individuals who are ready to stick with one vehicle for the foreseeable future. Best of all, your down payment and monthly rate will be much less than if you were to take a loan out on something that is fresh from the factory. If this is the avenue you’re thinking about taking, our Finance Department will set you up with a new contract and help you determine the best way to finance your purchase.

Walk Away

Although we much prefer the first two options, you’ll also be able to walk away with no questions asked. We understand that lifestyles and our personal finances can change dramatically over the course of many years, so even though a lease might have worked out for you before, it might not be what you need now. If you’re in this position, all you’ll have to do is return your ride to us when the contract is up. From there, we’ll just finalize any remaining paperwork and you’re free to go. It’s that easy!

If you were wondering, “What are my options at the end of a lease?” now you know you can lease again, buy, or walk away. You can learn more by talking to the team here at Honda of Chantilly.