What Should I Do When My Volkswagen Lease Ends?

If your Volkswagen lease has ended, you have options to consider. Our team at Volkswagen of Orland Park is here to assist you in navigating through the next steps.

Allow us to break down the benefits of leasing, what your options are, and what you should do after your lease ends.

Benefits Of Leasing A Volkswagen

Leasing a Volkswagen offers numerous advantages. Monthly payments are typically lower compared to buying a car since you're not paying off the entire purchase price. Instead, you're only borrowing and reimbursing the difference between the car's original and residual values, along with finance charges.

Benefits of leasing a car include driving a new car, having manufacturer's warranty coverage, getting free oil changes and maintenance, having predictable monthly payments, being able to afford a higher-priced vehicle, and simply returning the car to the dealership at the end of the lease.

Volkswagen Lease End Options & Information

When your lease ends, you have several options. You can trade it in for another lease, return it and end the agreement, or choose to buy the car. It's important to be cautious about purchasing the leased car, as you may end up paying more than its value in the long run.

Buying Out Your Volkswagen Lease

If you're thinking of buying the car you've been leasing, review your lease terms and the car's condition first. Buying may be a good idea if the car is in great shape and has a good residual value. Keep in mind that you may have to pay similar fees as when you initially leased the car, so factor this into your decision-making process.

Returning Your Volkswagen Lease to the Dealer

When returning a lease, whether for a trade-in or simply walking away, ensure the car is in good condition. Check for any dings, scratches, or cracks that may have occurred during your use. Make sure to return the car with all its original accessories.

Lease Your Next Volkswagen In Orland Park, IL

To learn more about our Volkswagen deals, our Orland Park dealership, or our fine selection of Volkswagen vehicles, you can contact us online or come in person for a visit. Our friendly and knowledgeable staff is always happy to take your calls or meet you in person to discuss everything and anything Volkswagen of Orland Park. We proudly serve drivers throughout the greater Orland Park area.