A few years back, you decided to lease a Subaru from us. Now that the lease is coming to a close, you’re wondering what your next steps are. Well, you don’t have to worry, we’re here to explain at Lester Glenn Subaru. If you have any questions, please feel free to dial (888) 785-0675 to speak with a representative.
Before you do anything else, we suggest you locate your contract. It’s helpful to take a peek at it about three months before your lease ends. On this document, you will find a plethora of information, including the car’s residual value, which is also known as the depreciation value. If you wish to buy the vehicle, this number is important.
In addition to that, you should acknowledge your mileage agreement. Usually, drivers choose to stay within the average 12,000 to 15,000 miles per year range when leasing. Regardless, if you’ve gone over your mileage limit, there’s no need to fret, since it’s only a small per mile fee. On the other hand, you can cut out unnecessary driving if you still have a little time before your contract is over.
When the final day of your lease comes, you have a few different choices – hand in the keys and walk away, lease another one of our Subaru vehicles, or purchase the car for its current value. We leave it completely up to you! If you decide that you want to lease or finance a new Subaru Forester or Subaru Legacy, we’ll crunch the numbers, so you don’t have to. Not to mention, a used Subaru is also an option if you’re trying to cut costs.
Visit us at your local Subaru dealership near Manahawkin, NJ when your lease ends! Our team of professionals can help you plan out the next steps. You can find us at 1501 Route 37 West and we look forward to seeing you soon!