When you lease a car, you have to return it once the contract is over. You also pay an amount that serves as a bond. You will only get it back after the dealer has done a thorough inspection of the vehicle. Therefore, you need to prepare the car before taking it to the dealer at the end of the lease.
Repair and maintenance
You need to take the car to a mechanic for a general check. You want the vehicle to be in top condition at the end of the lease. If there are parts that require replacement, you need to get them done. You don’t want the dealer to spot any problem and use it as a reason for deducting anything from the deposit you paid at the beginning of the lease.
Read the terms
Go back to the terms and conditions that you signed. It’s time for you to go through the conditions that you signed up for. If there are aspects that you didn’t follow or you think you did wrong, you have to correct them first. Again, you don’t want to be in trouble with the dealer upon returning the vehicle. You will also prepare yourself for possible expenses for damages. If you agreed to pay for these problems at the start of the deal, you have no choice but to do it.
Inform the dealer
You might have to inform the dealer a month or so before the end of your contract about your plans. If you decide to end the agreement once the lease is over, the dealer has to know. If you intend to sign an extension of the lease, you also have to inform the dealer about it.
Determine your next step
If you decide that you will return the car at the end of the deal, you won’t have any vehicle to use anymore. Therefore, you need to plan what to do next. You can find a new car to lease from the same dealer or look for a new dealer. You might also want to buy a new car through financing. You still need a new car as soon as your current lease is over; otherwise, it will be a problem.
If you didn’t feel satisfied with the partnership you had with the first lease provider, it’s okay. You can always find other companies that offer cheap car lease deals. You might receive a better deal when you partner with another company. You can also negotiate the terms to match your needs.
Learn the features of the new car models you might choose from. When it’s time to search for a new car to buy or lease, you will make the right decision. You can also ask your friends who recently leased a car or a mechanic who knows a lot about vehicles. Whether you decide to lease or buy a new one, you will spend a lot, so you need to make the right choice.