Vehicles play a big part in most of our lives. Unfortunately, cars are also expensive, and it can be hard to drive the great car you really want when financing is your only option. Luckily, a car loan is rarely your only option. Leases provide opportunities for everyone to get behind the wheel of a great car.

Lease agreements always come to an end, typically around the 36-month mark following initiation. Let’s look at three common scenarios at that time.

You could be asked to purchase the car, at, potentially, a significant discount. If the mind-blowing deal isn’t there, it’s OK. You can always find another vehicle. You might lease another car. Or maybe you'll ask to extend the lease on your current vehicle.

Want help figuring out what you should do when your lease ends? Call the finance staff at Audi Allentown in Allentown, PA. We can help you determine what's best for your situation.

Categories: Finance