As your Lexus lease wraps up, it’s easy to wonder: what’s next? In addition to returning the keys to Fields Lexus of Glenview, there are a few more steps to take care of before your lease is complete. You can reduce your fees with a little prep work, so start thinking about these potential end-of-lease options today.
Mileage Fees
Leases come with an annual mileage cap, usually limiting you to between 10,000 and 15,000 miles per year. This is an annual limit and can be negotiated at the start of your lease, so if you expect to take longer trips, ask about high-mileage lease options. At the end of your lease, you’ll have to pay for extra miles, unless you negotiate with the dealership or buy the car outright.
Wear-and-Tear Fees
In addition to mileage fees, you may be charged fees for any dents, scratches, or other visible damage to the inside or outside. To make the best impression when returning your lease, have your car carefully washed and detailed. Having a technician fix blemishes before you return the car is usually more affordable than paying additional fees.
End-of-Lease Options
The simplest way to end your lease is to simply turn in the keys and find your next exciting Lexus lease, but that’s not the only option. You may also be able to buy the car outright at its current depreciated price, which can help you avoid additional fees. Some leases even allow for extensions, so you can still enjoy the performance you love for a few months more.
Test Drive a New Lexus Lease in Glenview, IL, Near Chicago
If your lease is wrapping up, it’s the perfect time to find your new favorite way to explore Illinois. Visit our Glenview Lexus dealership and find out more about your options. Explore our lineup and take a Lexus car for a test drive today!
