Car leasing is one of various car financing methods. The great thing about car leasing is that you get the chance to drive exactly the car you want from a certified dealer at affordable rates. When you lease a car, you get an agreement of a specified period known as lease period.
So, what's next after the lease period expires?
First of all, when the lease period expires you must return the vehicle to the dealer. It has been in your possession, but then you don't own it. Once you pay the required fees, you can walk away without further obligation. That's the beauty of leasing a car.
You have other options when your car lease ends. You can choose to reinstate the lease agreement with the dealer. Or you can opt to purchase the same vehicle under the category of used cars. You could also just lease a different car from the same dealer.
Visit Heritage Ford in Corydon, IN if you need advice on what to do next. Our finance center can provide plenty of advice and information.
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