You may have had a few reasons for leasing your current car. Whether it was the financial flexibility of a lease or the sharp-sounding audio system that made it the right choice at that time, you have a few options available when your lease is near the end of its term.
Should you buy your leased car? That depends on a few things. If you live near St. Charles, St. Louis, O'Fallon, and Saint Peters, MO, keep reading below. Our guide prepared by the team at St. Charles Nissan can help you decide.
Should you return or buy your leased car? If you prefer the financial flexibility of a lease, you can simply return your car and lease another one. What if you love your car and want to keep it?
You can do that, too. Purchasing a leased vehicle is a great way to keep a vehicle that you've enjoyed driving to work or on weekend trips. You may be eligible to keep your leased vehicle.
Buying a leased car can also be empowering. If you leased a vehicle because of its financial flexibility, buying it can transfer an asset into your back pocket.
You'll have a bargaining chip when it's time to buy your next vehicle. You can use a vehicle that you own as collateral for your next down payment. This can result in lower monthly payments.
What It Means To Buy a Leased Car
If you buy a leased car, our team will factor in its accrued usage when we calculate its current value. This means that you'll be able to purchase the vehicle at a lower cost than a new vehicle. This can result in lower monthly payments.
There's more: If you return your leased car, we may assess appropriate wear, use, and mileage charges. Drivers who opt to purchase a vehicle may be able to avoid these fees.
What does this mean? Buying your leased car may be the best option if you've driven beyond the mileage limitations or incurred excessive use. You can schedule a lease return inspection to learn about possible lease return charges.
Buying a leased car can be a great option. To help you plan, you can use our Finance Calculator. If you want to project what the payments on a new car might be, you'll be able to use this tool to do your homework.
What if you need help deciding if purchasing a leased vehicle is right for you? Complete our Finance Application. You can use this to begin the conversation with our finance team. They'll use this information to learn more about you and provide helpful advice.
Contact Our Team
Should you buy your leased car? If you are thinking of purchasing your leased car, St. Charles Nissan is ready to help you learn more.
Our team can help you make the decision that is right for you. If you live near St. Charles, St. Louis, O'Fallon, and Saint Peters, MO, contact our team to learn about buying a leased car.
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Contact
St. Charles Nissan
5625 Veterans Memorial Pkwy
Saint Peters, MO 63376
- Sales: (636) 441-4481
- Service: (636) 441-4481
- Parts: (636) 441-4481
Hours
- Monday 9:00AM - 9:00PM
- Tuesday 9:00AM - 6:00PM
- Wednesday 9:00AM - 9:00PM
- Thursday 9:00AM - 6:00PM
- Friday 9:00AM - 9:00PM
- Saturday 9:00AM - 6:00PM
- Sunday Closed