Leasing has many benefits. You’re not with the car you lease for its entire life—you can return it when your lease ends. If you’re near Montreal, Quebec, and your lease is ending, it’s time to consider what comes next. what comes next.
Pfaff Leasing can help with that. When your lease ends, you’ll have several things to finish up and a few options for your next vehicle.
What Happens When Your Lease Ends?
You’ll return your vehicle to us at the end of your lease. Before you do that, a couple of things might happen.
Some leases require a vehicle inspection around the time your lease will end. This inspection ensures the vehicle is in good shape and that there are no modifications that violate your lease terms.
If you’re unsure where to go for this inspection or if your vehicle needs an inspection, reach out to our team.
When you return your vehicle, there will likely be some additional paperwork that outlines the end of your lease. If you’ve surpassed your lease’s kilometer limitations, you might need to pay for that at this time.
Options at the End of Your Lease
At the end of your lease, you’ll have three options. Depending on what you want to do moving forward will inform how the lease ends.
your lease determined your vehicle would be worth at the end of your lease.
If you’re enjoying your current lease or are interested in trying out another vehicle, another lease is always an option.
Know what vehicle you’re interested in driving? Let our team know, and we’ll do our best to get ahold of it for you. We have leases that last up to five years, so you can experience driving the vehicle you’re leasing.
Continuing to lease also lets you try out the newest models or exotic vehicles without purchasing them. You can try out the latest features as they hit the market.
Work with a Dealership to Buy-Out Your Lease
If you’ve come to the end of your lease and love driving your current vehicle, one option is to buy out your lease. We work with local dealerships to offer auto loan terms up to 72 months.
The cost of your vehicle will be the lease’s residual, which is the amount determined by what your vehicle would be worth at the end of your lease.
Finish Your Lease and Walk Away
If you’ve decided you’re not interested in continuing to lease or owning a vehicle, you don’t have to. At the end of your lease, fill out the paperwork, complete the inspection, and walk away.
You can always return to lease a vehicle another time when it is better for you or your business.
Begin Your Lease Return Today
If your lease is ending, it’s time to begin the lease return process. Consider the options we’ve discussed above so you know what’s next and what to expect from your lease return near Montreal, QC.
When you work with the Pfaff Leasing team, you’ll discover the Pfaff Difference—our guidelines for working with business owners and shoppers. We will help you finish up your lease, and if you’re interested, find the next vehicle for you. Contact us today.
Hours of Operation
Monday - Friday
9:00am - 5:00pm
Saturday - Sunday