If you've signed a Land Rover lease, do you eventually have the option to own that vehicle you're leasing? If you're interested in leasing to own one of our luxury SUVs, our experts here at Land Rover Jacksonville can tell you everything you need to know about your lease options.
Lease-End Options
The option to buy your vehicle usually comes at the end of your lease. When your lease agreement has ended, you usually have a few different paths to choose from. Many drivers choose to lease a new vehicle again. Others choose to extend their lease by a few months, usually because they're not ready to sign a new lease or financial agreement just yet.
Often, the third option is to purchase the vehicle you've been leasing. If you really like the car you've been driving for the past few years, why not extend your time with it and buy it? This frees you from lease limitations, like how many miles you can drive per year, and there are often financing options available so you can pay off your vehicle over time.
Why Lease First?
One of the best parts about leasing is the number of lease-end options, as we outlined above. Another great part about leasing is the cost. Generally, monthly payments are lower than car loan payments would be. Sometimes you don't even need to put money down, depending on current incentives and your credit score.
Leasing to own can be thought of as an extended test drive. You get the chance to really experience everything a vehicle has to offer, and by the end of your lease, you can easily decide whether or not it's a car that you want to drive for many more years to come.
If you want to learn more about your leasing and financing options, our Land Rover dealers in Jacksonville can help. We'll answer any questions that you have!