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Keeping the Good Vibes Rolling When Your Lease Comes to a Close

Here at Tucker Chevrolet, we understand that coming towards the end of a lease on your favorite Chevrolet or GM car, truck, or sport utility vehicle (SUV) is a hectic – and potentially confusing – time. However, thanks to the willingness of our leasing specialists to walk you through each step of this process, you can move forward with confidence and clarity as you make the best possible decision regarding your leased Chevy.

With this viewpoint leading the way, feel free to join us as we break down all of the considerations that go into bringing your current lease to a close. From discussing possible ownership opportunities to understanding how a leased vehicle's condition is evaluated by the team here at Tucker Chevrolet, we have no doubts that setting aside a few minutes of your day to delve into the best possible lease end options guaranteeing you a smooth transition into the next phase of traveling and vehicle needs.

Understanding Your Options

The best place to start the conversation surrounding the next phase of your leasing situation is by reviewing the three primary ways to bring this agreement to its natural conclusion. Generally, you will want to start considering these options when you have about six months left on your lease. Failing to do so and waiting until the point when the end of your contract is imminent could lead to an unnecessarily hurried or complicated decision-making process.

Purchase Your Leased Chevy or GM

Love your current lease vehicle so much that you cannot imagine living without it? Then the first option laid out before you, permanently purchasing your leased car, truck, or SUV, should do the trick. Essentially, to head down this path you will need to connect with the team of automotive experts here at Tucker Chevrolet and schedule an appointment to complete a pre-termination inspection. This review of the car's condition should normally occur around four to six months before the end date of your lease.

Once you are ready for this appointment, our certified mechanics and technicians will look over your vehicle to determine its condition and whether any additional action is required. As long as everything looks good, you will simply have to settle the remaining balance on the vehicle and take care of a little paperwork to transfer ownership. From here, if you need any help with financing to cover the cost of purchasing, let us know and we will be more than happy to offer up some insight into payment and warranty plans that can make this part of the process a breeze.

Lease or Purchase a Brand New Chevrolet or GM

For our friends out there who would rather let this agreement expire and lease or purchase a brand new Chevy, do not worry; the team here at Tucker Chevrolet has you covered as well. Much like the previous option of becoming the owner of your current leased vehicle, you will want to go ahead and schedule a pre-termination inspection 120 to 180 days before your lease runs out.

The big key to making this approach work in your favor is to take a moment and think about all of the things that you liked (and disliked) about your current Chevy or GM. By doing a vehicle needs review up front, you can garner a better idea of what you want and need in your next car, truck, or SUV – this information will assist our experts here at Tucker Chevrolet with the information needed to pair you up vehicles best suited to your specific transportation needs. You will not both excited and comfortable shopping the Tucker Ford inventory. So whether a new Lease agreement or vehicle purchase is in your future, our Maine Chevrolet Dealership has a great selection.

End Your Lease with a Vehicle Return

Your final option, returning the leased vehicle at the end of this agreement, is naturally a fairly straightforward affair. Once your contract has run its course, simply bring your Chevy or GM back to Tucker Chevrolet and we will handle the rest. Again, scheduling a pre-termination inspection four to six months before this arrangement ends can help us evaluate the condition of your vehicle and give you a chance to schedule any repairs or replacements needed to circumvent avoidable excess wear and use charges.

How Does Tucker Chevrolet Evaluate Excessive Wear and Tear on a Leased Vehicle?

By now, you have probably heard us mention the phrases "excessive wear" and "excessive use" a few times. To give you a better understanding of what GM and Chevrolet consider to be normal wear and tear, their teams have created a quick usable tool below.

Worn or Damaged Tires – Damage to the sidewalls and plugs, as well as exposed cords or belts, is considered excessive. Additionally, the replacement of standard tires with incorrect sized alternatives also falls into this category.

Naturally, many other instances of excessive wear and use can affect the conclusion of your lease agreement. However, this tool and normal wear description should give you a good idea of what to expect from our inspection process and help you plan accordingly, thus avoiding fee and repair costs associated with wear and tear.

Making the Right Call for You and Your Family

We understand completely that processing all of this information can feel a bit overwhelming initially. From considering all of the options laid out before you, to getting your vehicle inspected and prepped, it will be our pleasure to assist you with the final stages of your lease agreement.

Making the right selections regarding your current and future driving. As always, if you have any other questions, comments, or concerns that you would like to discuss, please feel free to connect with one of the many Chevy leasing experts here at Tucker Chevrolet by calling 207-832-0357 today.