Leasing gives Leesburg, GA, area drivers the privilege to ride around in the luxury car of their dreams without all the responsibilities that financing comes with. However, what do you do when you need to end your lease early? Is it possible to return your lease before the end of your contract?
Albany Motorcars answers these questions below.
Early Lease Return Details
With a typical lease contract, you lease your chosen Mercedes-Benz vehicle for about 36 months while making monthly payments. At the end of the contract, you can:
Return your vehicle and lease another one
Purchase your leased vehicle
Simply return your leased vehicle to the dealership
With leases, you can usually exchange your vehicle for another one if you decide that the model you chose is not right for you. While doing this might change your monthly payments, it’s still a common procedure for drivers who change their minds.
However, unforeseen life circumstances might require that you terminate your current lease entirely. Fortunately, if you do need to return your lease early, it is possible. Do keep in mind that there are additional costs and steps associated with this option.
When to Return a Lease Early
There are many reasons for returning your Mercedes-Benz lease vehicle early. They can include:
Changes in vehicle needs – Growing or shrinking families might require a car change
A change in financial resources – Raises or a new stream of income can mean affording a model with a larger monthly payment
A location change – Moving to a different city can make leasing a car unnecessary, or increase your yearly mileage due to a longer commute
Typically, it’s these big life changes that shake up existing plans and contracts. Then, you’re left reconsidering your priorities and options.
We understand that life happens. That’s why we’re here to help you figure out your leasing options when circumstances change.
Understanding Early Lease Return Options
When you’ve decided that returning your Mercedes-Benz lease early is the right choice for you, our lease specialists will go over your termination options. They can include these choices:
Return your current lease and switch it out for a more appropriate vehicle
Return your current lease and pay the early return fees
Keep your lease for the remainder of your term length
Purchase your leased vehicle
Transfer the lease to someone else
Your situation is unique and will be treated as such. You can discuss your preferences, needs, and circumstances with your leasing agent, so they can figure out the best course of action.
In the end, you might realize that simply switching out your current lease for another one or renegotiating your contract is the best decision.
Learn More About Early Lease Return near Leesburg GA
Residents like you throughout the Leesburg, Georgia, area, who need to return their leases early can do so at Albany Motorcars. Whether you’ve experienced a change in finances or family circumstances, our leasing agents are happy to work with you to figure out the best solution for your lease.
Contact us today if you have questions about leasing—or making changes to your current lease.
