What should I do if my lease is ending?
If your lease is ending this year, consider these options to help save money:
- Extend your lease. If you aren’t sure about leasing or buying, you may be able to extend your lease up to a year to have more time to research your options.
- Buy your car. Most lease contracts have a buy-out clause. If you’ve fallen in love with your car, it may be less expensive to commit to it.
- Shop preowned. Manufacturers offer great deals on certified preowned (CPO) vehicles. You’ll avoid the sticker-shock of buying new, while still getting a well-maintained car — usually a former lease.
You can browse more options in our guide to the lease-end process.