Parks Ford of Gainesville

Lease-End Options | Gainesville FL


What are your options?

Lease-End Options in Gainesville, FL

So, you’re approaching the end of your lease and wondering what comes next. The answer may surprise you. The truth is, you have more options than you might have previously thought. We’ve put together a helpful guide to make the process of ending your lease as convenient as possible. Leasing has lots of benefits, especially when it comes to the wide range of choices you can make at the end of the process. Keep reading to learn more about those!

What is a Lease?

Leasing gives you the benefit of flexibility while driving a new Ford model , because you won’t be burdened with the responsibility of ownership. You’ll simply make monthly payments for about two or three years, depending on the length of your term, and then return the car at the end of your lease. New models depreciate rapidly after being driven off the lot, so your monthly payments will be made according to its value. The contract for your car will come with annual mileage limits that usually range from 12,000-15,000 miles. If you need to, you can purchase more mileage at the beginning of the process.*

Benefits of Leasing

Lease payments are usually much lower than payments on an auto loan would be. The same goes for down payments. Plus, if the manufacturer warranty’s length matches your lease terms, you won’t end up getting billed for major repairs or maintenance! You’ll only have to deal with simple tire rotations and oil changes.

When you decide to lease rather than buy a vehicle, you’re making the flexible, practical choice. You’ll be able to drive a new car every few years without the burden of ownership. That’s the biggest benefit to leasing — options!

Your Lease-End Options

Speaking of options, you’ll have three of them once your lease is finally up:

Return your vehicle to the dealership
Trade in the lease for a new one
Purchase your vehicle

Maybe you’re happy with the vehicle but want to try something new. No worries! You can just return the lease to the dealership and pay any remaining fees. Once you’ve done that, you can browse our inventory to select your next lease! On the other hand, if you’ve really enjoyed your time with the vehicle and don’t want to part ways with it just yet, you can always buy it outright! It’s all up to you.

For more information or to discuss your lease-end options further, contact us today or stop by our dealership at 3333 North Main St., Gainesville, FL 32609 . And don't forget to check out our current new car specials to see if you could get an exceptional lease offer on the vehicle you want. We look forward to serving our customers near Alachua, Starke, Ocala and Lake City.

*According to Edmunds.com. Please visit this link for more information.