Parks Ford of Gainesville

Lease End Headquarters

The Lease Return Headquarters What to Do When Your Lease Is Up

Is your lease almost up? Maybe you're thinking that your only lease-end option is to turn in the car and get something new. Fortunately for you, we're your lease return headquarters here at Parks Ford Lincoln of Gainesville and we're happy to tell you there's more to it than you think. Keep reading to find out what your options are.

What Do I Do at the End of My Lease?


Return the Vehicle

Once you've reviewed your options at Parks Ford Lincoln of Gainesville, you may conclude that the best option for you is to simply return the vehicle. You may have to make additional payments, such as any accrued mileage over the predetermined limit, as well as any damages.


Keep Your Vehicle

Perhaps you've fallen in love with the vehicle over the lease term. If this is the case, and you don't want to give up the vehicle, you can purchase it outright. If the vehicle has retained its value well, this can be advantageous. The only part you'll need to pay would be the remaining balance.


Trade in the Vehicle

Maybe you've decided that your lease no longer suits your lifestyle. If so, you can trade it in for one that's a better fit. This sort of trade would then work like a standard finance deal, and you would simply come to Parks Ford Lincoln of Gainesville to review your options.


No matter what your situation may be, you have plenty to consider when your lease terms draw to an end. If you're interested in learning more about your options, feel free to contact us directly or stop by Parks Ford Lincoln of Gainesville at 3333 North Main St., Gainesville, FL 32609 today. We look forward to serving our customers from Alachua, Starke, Ocala and Lake City.