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Our customers often come to us at or near the end of a lease term wondering, “Can I extend my car lease?” In many instances, it’s entirely possible to extend an expiring car lease as this CBS article points out. But another option especially popular with West Bend-area customers is a lease trade-in with the Wisconsin leasing experts at Holiday.
Let’s dig a little deeper into both of these options so you can begin to think about what will be best for you as your lease is coming due! Have questions after or while reading? Contact us for additional assistance and we’ll be happy to help!
In the case where extending your current lease contract is an option (you’ll want to check with our finance center first), the process is usually relatively straightforward, involving these steps:
Initiating a car lease trade-in is a very popular option because you can potentially take advantage of any equity you have in the leased vehicle due to its strength in the used car market! It differs from extending a lease or a lease return in this way. As such, it’s a more popular option with Sheboygan-area drivers at or near the end of their current car lease.
To initiate a lease trade-in, do the following:
Not sure whether to extend your car lease or opt for a trade-in? It’s worth researching all your options, including our new current lease offers to start a new lease.
Don’t be afraid to get pre-qualified for financing online, especially if your financial situation or credit has improved since your last car lease was initiated to see what kind of deal you be eligible for here at Holiday Automotive!
Ready to learn more about extending your car lease? The team here at Holiday Automotive near Oshkosh is ready, willing, and able to assist you! Call us at 866-807-8084 anytime or visit our convenient Fond du Lac location for further assistance.
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