What to Do at the End of Your Hyundai Lease

There are lots of things to keep in mind when you have a Hyundai lease, like what to do when that lease ends. Fortunately, our dealers at Lester Glenn Hyundai of Toms River are here to help you understand what to do when your term ends.

Your Hyundai Lease Explained

Recently, leasing a vehicle has become a more popular option among drivers. Essentially, a Hyundai lease allows you to drive a new Hyundai vehicle for a set period of time, so long as you make your monthly payments.

At the end of your agreed-upon lease length, you’ll return the vehicle to your Hyundai dealership and decide on your next steps.

Three Things to Do at the End of Your Hyundai Lease

Complete the sale. At the end of your lease, you can complete the sale of your vehicle by paying off the residual value of the Hyundai vehicle you leased. Many drivers fall in love with their leased Hyundai vehicles and don’t want to part with them. This option lets you keep your vehicle without paying any additional fees.

Return your vehicle. Turning in your vehicle at the of your lease without signing a new agreement is fairly common. Once you’ve returned your vehicle, you could decide to buy a new or pre-owned Hyundai vehicle or simply walk away.

Get a new vehicle. When your Hyundai lease is up, you could always start a new lease with a newer vehicle. Many drivers roll over their payments or use their current lease as a trade-in for their new lease.

Learn More about Hyundai Leases Today

Still have questions about the specifics of your Hyundai lease? Meet with our Hyundai finance team to get answers. From questions on Hyundai service to auto loans, we’re here to help you out. Visit us today to learn more!

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