Leasing a new Volvo is a fun and exciting time. You will be able to drive around in a new luxury sedan or SUV for a few years, knowing that you do not have to worry about anything while you have this car. In fact, you just make some monthly payments for the term of the lease, take care of the vehicle, and then hand it back over Gengras Volvo. That is why leasing has become so popular. However, all good things do come to an end. Your lease will eventually expire. When it does, your volvo dealership near me, Gengras Volvo wants you to know about a few options.
Turn it Back in and Get a New Volvo
One of the main reasons so many Connecticut drivers lease a new Volvo is so that they can get another new vehicle in a few years. If that is still your plan, then you will just want to plan for the inspection a few weeks before the end of your term. As long as you have taken care of the vehicle while driving it around Hartford, you should clear that inspection and then be given a time and day to return the Volvo. At that time, you can take a look at current lease specials and drive off in another leased vehicle the same day.
Buy the Leased Car and Keep It
You might decide that you do not want to return the Volvo. Instead, you would like to keep it as a reliable vehicle for commuting to and from Hartford CT. This might also be a great option for you if you have exceeded the number of allotted miles by a large amount. When you signed your lease agreement, there was a residual value included in the contract. That is that amount you can purchase the Volvo for. If you want to keep it, just pay that at the end of your lease and the vehicle is yours.
While there may be other options on the table depending on your personal situation your researching, get ready and be prepared at the end of your lease. Contact Gengras Volvo of Hartford today!