When you are leasing a car there are general things that you need to figure out before you get to the Dealership. Things like how many kms per year will you drive, are you planning on putting any money down and another is the length or time or the car lease term that is going to work for you.

Typically the car lease terms are 24, 36, 48 and depending on the manufacturer there may be a 60 month option. Sit down with your Lease Manager and go through the various terms with them and they will let you know how the term affects the car lease payment.

Pay attention to the rates and residuals from one term to the next. A shorter term may have high residuals (the higher the residual means, in most cases, a lower payment).

The typical car lease terms are 36 and 48 months. I would not recommend going any longer than the 48 month term. The whole idea behind a lease payment is that it is lower than a finance payment because you are only paying for the amount of the car you are driving for a set period of time. If you go more than the 48 month lease term – to the 60 month term – you have almost paid for the whole car and you still don’t own it. Really think about the term and again, get the Lease Manager to do a compairson for you and to show you the differences so you are better informed and can make a better buying decision!

Car Leasing Center – Car Lease Terms This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

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Car leasing has been around for a bit now and if you have leased a car (or a few) there are still questions that you should always ask. Things change over time, especially at the time when you turn in your leased car and knowing things ahead of times prepares you better for the duration of your lease and afterwards.

Here are some things to think about and structure your lease accordingly:

1. How many kms (or miles, as the case may be) do you drive on a regular basis? If your driving habits are about to change because your lifestyle has changed then you need to give some that to that and compensate for it. One of the biggest charges at the end of a lease is kms overages. You can lessen that expense in a couple of wasys:

a. you can determine the amount of kms at the onset. Many people really have no idea. There are typically two lease alternatives that deal with kms. You can opt for a 20,000 km/year lease or 24,000 km/year. If you know that you won’t do over 24,000 go for it. That way you are protected. If you do less that 24,000, no you won’t get the excess back, but you will be protected.

b. half way through your lease if you know that you are going to be over, call and buy excess kms. Costs vary from brand to brand as to how much per km. This way you are paying over the remaining term as opposed to paying the lump sum at the end.

Overage on your kms (or miles) is one aspect of leasing we give no thought to during the course of our term. Only at the end do we tend to suck back and reload and realise that we have a huge bill facing us. Take the time, look at your situation as you go and if need be buy extra kms on the fly!

Car Lease Information – Number One Expense People Forget About When Leasing a Car This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

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One of the big advantages that leasing a new car has over financing a new one  is the payment. When you finance a new car you are paying for the whole car, all the taxes and fees. 

With a car lease your payment is based on the amount of car you will be driving over a set period of time. You are paying taxes on a car lease, however, the taxes pertain to the payment not the car as it does when you are financing.

One big question that comes up a lot is lowering the payment by putting money down. On a finance it makes a little more sense. The whole point of financing a car is because you plan on keeping the car for a while.

For a lease and if you were at my desk, I would certainly advise you to rethink it, especially if you were planning on putting a sizeable amount down. That large sum down would be more beneficial to you if you were to finance. With a lease that money down is only lowering the payment, if you are comfortable with the payment as it is, then leave it and keep the money in your pocket where it belongs.  

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When your car lease is up you have two options available to you:

1. You can decide to give the car back and get into another vehicle.

2. You can decide to do a lease buy out instead where you are planning on keeping the car.

Before you make the hard-fast decision about  a lease buy out, read through this so that you know what to expect and do you homework!

What Is The Lease Buy Out?

When you initially signed the lease contract you were provided with the lease buy out value … what you would have to pay for the  car if you decided to keep the vehicle. Keep in mind that the value is before tax and also keep in mind that the lease buy out value is NOT negotiable. The price is the price. It doesn’t matter if this is your “x” number of vehicle with the brand, the price is the price.

What Is The Current Market Value?

One way to determine if the lease buy out value is worth it or not is to have the vehicle appraised. You already know what you have to pay for the car, so find out what it is actually worth in today’s market dollars and see if it is worth it. If you are paying more for the car than what it is actually worth, then my question to you would be “why?” Give that car back and get into something else!

Some people will consider a lease buy out because they have a ton of excess kms or excess damage and they don’t want to pay. Again, before you do that check with the Dealership. Many people I have dealt with, these are typically two of the main reasons why they are going to buy out their lease. In a lot of these situations I have been able to help them with the excess kms or damage charges, give the car back and get into a new car for not much more than what they were paying initially. It might not always be the case, but you know … it certainly is worth trying first.

What Is The Lease Buy Out Process?

If you do decide to go through a lease buy out, then this is the process:

1. Visit your Leasing Manager and let them know what you are doing
2. If you are wanting to finance the lease buy out then your Leasing Manager will have you fill out a credit application and get the approval for you. (Keep in mind that this vehicle is now considered a used car and the rates will be different than they are for new).
3. You are responsible for getting a Safety Inspection and E-Test done. Once that is completed give that paperwork to your Leasing Manager so that they can get the ownership transferred. (There is a change of ownership, from the Leasing Company to you)
4. You will need to let your Car Insurance Company know of the change as well so they can update the information on the policy
5. You’ll make an appointment with the Leasing Manager to finish off the transaction and sign the paperwork.

The process is pretty straight forward once you decide which way to go. Again, find out what alternatives you have to a lease buy out, especially if you fall into the situation of excess kms and/or damage. See what the Dealership can do for you, in terms of helping you go for a new vehicle as opposed to a lease buy out.

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Image by BondBeterLeefmilieu via Flickr

I have a few people each week asking me “how can I take over a car lease?”

If you find you are in a situation:

1. Where you need a vehicle but really don’t have the time to shop at the moment;

2. Your situation has changed and you need car but something short term,

3. Want to lease a vehicle but the rates at the moment are just out of this world for the vehicle you want, but you need a car and leasing is the way you want to go,

An alternative to buying vs leasing a car would be to assume or take-over a lease from someone who is trying to get out of one.

If you have read past posts on the idea of assuming or taking over a lease, you will know that the best place to find a car lease take-over is Lease Busters. Through their website you will find postings of people trying to find someone, like you, who is willing to take-over their lease. You’ll find a wide range of vehicles and of course lease payments.

Through past posts you will also receive some guidance as to what to look for when assuming someone’s car lease payments and some things to consider before you take on the car lease obligation.

Assuming you have done your homework and you are ready to take over someone’s car lease payments, the next step is the paperwork, which is what we are going to cover today!

Ideally, you’ll want to go back to the originating dealership, but sometimes that isn’t always easy due to distance etc. If you aren’t able to, then go to the dealership of the brand whose car lease you want to take over.

You are going to find that in addition to the transfer fee that the mfg charges, some dealerships charge a car lease transfer fee as well. Make sure you ask ahead of time so that you know fully ALL charges so that you aren’t surprised when you go in to sign the paperwork.

You will be required to fill out a credit application to get approval. Make sure you have the VIN of the vehicle, name of the current lease customer and kms of vehicle.  That information is going to be passed on so that the financial arm knows what car lease you are taking over.

Once the approval is granted it takes usually 48 hours for the paperwork to arrive to the dealership. In the meantime have the following things ready to go:

1. arrange with the person whose lease you are taking over, who is going to pay the transfer fees and what those fees actually are,

2. let the dealership know if you are needing new plates or if you are transferring existing plates. If a plate transfer make sure they have at least the plate number.

3. you will be required to make your first lease payment upfront, so ensure you have that money available via bank draft – the dealership will advise you,

4. you will be required to have the proper car insurance. Again, the dealership will be able to provide your insurance company with the necessary paperwork. You make the initial call to your car insurance agent and provide them with your point of contact at the dealership and they can fax the paperwork that is needed

Once the paperwork arrives at the dealership, you and the current leasing customer will be required to go and sign off on the paperwork. When you go ensure you have:

1. car insurance in place,
2. your first month’s lease payment,
3. a VOID  cheque 
4. if a plate transfer, make sure you bring the plates with you

The paperwork is pretty straight forward, you are accepting the terms and conditions that were originally arranged. If the current leasing customer has any sort of WorryFreeXS or WEARCARE (the damage insurance where you are covered for up to $3500 in damages to the vehicle when returning it), then that is transferred over as well. 

It is a straight forward lease take over process, but make sure you are aware of all the fees and payments ahead of time. Understand as well that the dealership is the middle man in that they handle the paperwork part of the whole car lease transaction, all arrangements as to who is paying the transfer fees, etc are arranged between yourself and the current leasing customer, the dealership doesn’t get involved.

There are some good deals out there when it comes to taking over a car lease, just take your time and make sure you understand the process well so there isn’t any misunderstanding.

Car Leasing Center Lease Take Over Paperwork This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

 There are still some manufacturer’s offering car leasing, however, if you want to lease a vehicle, there is another alternative that is worth looking into.

The other alternative that I am talking about is taking over an existing car lease.

There are many people who are trying to get out of their lease, for a variety of different reasons, but one of the main ones is that their financial circumstances have changed and they either don’t need the second vehicle, or can’t afford it right now.

The easiest way to find out who wants to get out of their lease is to check out Lease Busters. There you will find people posting their lease take-overs complete with the terms of the remaining lease, the interest rate and in some cases there are incentives offered by the person who is trying to get out of their lease.

Once you have found the vehicle you want, contact the person and get the details of the lease (ie; terms, interest rate, payment, kms currently on the vehicle). If it sounds good then take the next step, go and look at the car. Take it for a test drive and make sure it will meet your needs and fit within your lifestyle.

Check the vehicle and make sure that it is free from scratches, dings, dents etc, because when YOU go to return this vehicle at the end of the term, you are on the hook. Ask if they had any sort of damage protection (ie: WearCare is Volvo and Ford’s, WorryFree XS is Chryler’s, etc). This added coverage is good to know because it will provide you with up to $3500 in damages.

Make sure you verify what the allowable kms at lease termination is as well. You don’t want to be taking over a lease when the kms are close to being maxed out. You want to make sure that you take your driving habits into account and make sure that the amount of the kms remaining are going to cover you. If you don’t then you are on the hook for the excess kms that you have racked up when it comes time to turn the car in.

As mentioned above, sometimes a leasee will offer some sort of an incentive so that they can get out of their lease as soon as possible. Any sort of incentive is an arrangement between you and the person you are dealing with, it doesn’t have anything to do with any car dealership or with the manufacturer. So, if the person has offered to pay the first month’s lease payment, has offered some sort of cash incentive, has agreed to pay the lease transfer fees, etc … those details are between you and that person.

Taking over a lease isn’t a complicated transaction and in a lot of ways can prove to be beneficial, in that you can find some excellent lease payments out there. Just take your time and do your homework!

So, you have the car, you have worked out all the details with the person whose lease you are taking over … next is getting the paperwork rolling and we’ll cover that one next!

Car Leasing Center – I Want to Take Over A Lease This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

Generally speaking when it comes to cars used in Ontario, you can lease a used car, but only one model year back. Anything after that then it doesn’t really make sense financially to get into a used car lease, you would be better off to finance it or purchase it outright.

Banks won’t offer any sort of lease option when it comes to used cars. There are a few private companies that will and if a car dealership offers in-house financing then they will off a used car lease option. If you are going to go this route make sure and really understand what leasing a used car intails. Many people believe that when use go through a used car lease it is like a leasing a new car, you can give it back. This typically isn’t the case with a used car lease. You don’t have the option to give the car back at the end of the term. There is typically a payment at the end.

Know what is expected and make sure you get all your questions answered before you sign. Personally as much as I really like the car leasing option, when it comes to used cars, you are far better off to finance … but you decide what is best for you!

photo credit: peggydavis66

Cars Used Ontario Used Car Lease This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

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There are many advantages to car leasing vs car buying and one of those is of course the car lease payment.

When you lease a car you are paying for the amount of car that you are driving over a set period of time. The GST/PST that you are paying is based on the payment only. Unlike when you are buying a car outright your finance payment is based on the full amount of the car, the full taxes and the interest.

Of course the bottomline is if leasing is for you in the first place. If it doesn’t feel comfortable for you then it doesn’t matter how much a car lease payment is. Do your research and KNOW EVERYTING there is to know about leasing vs buying a car so that you have all the information you need to make an informed car buying decision!

photo credit: dno1967

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Short term car leasing is certainly pretty helpful in situations where perhaps:

1.  You don’t necessarily know what type of vehicle you want to get into;

2.  You aren’t sure if you want to make a full committment to a longer term because your personal situation will change due to job, etc.

It could be any number of reasons for not getting into a longer term car lease, but the option of a short term lease will certainly buy you some time to think things through.

Check and make sure what the shortest term lease is. Typically, manufacturer’s shortest term lease is 24 months. You can however check places like www.leasebusters.com and pick up a short term lease for a reasonable rate. Sometimes, depending on what you are after, there are incentives for assuming someone’s lease as well. You just have to look and read what people are offering.

Good Luck!

Short Term Car Lease What Is the Shortest Term? This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

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For a great many people buying their car is the only way to go because they want to own their car.

For others ownership isn’t as important as being able to get into a new vehicle every 36-48 months

Certainly what is important to you with respect to owning or not is important, however, equally important are your driving habits. Not taking that into consideration could cost you greatly.

An average driver will put between 20,000 to 24,000 kms/year on their car.  If you are doing more than 24,000 then of course you can purchase excess kms upfront (highly recommended) and what you don’t use, you will get those back.

Looking at how many kms you expect to put on during a year is certainly worth using as a benchmark. If you put on in excess of 40,000 kms/year in driving then it might not be in your best interest to go with a lease. You could be better served buying your car instead.

Get some help. Sit down and think about your driving habits then go into a car dealership and sit with a Leasing Manager. The Leasing Manager can work through different scenarios with you. Also have them compare a lease payment to a finance payment, given the kms you put on it may be in your best interest.

A Leasing Manager is there to help you make an informed buying decision. Take advantage of their services and save yourself a lot of possible grief in the end!

Buy or Lease Car This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

When you take over a car lease what you are doing is taking over the responsibility for the lease payments for the amount of time the current customer has remaining.  Many people are actually going the take over a lease route because the lease payments have been typically lower in the past than they have been now, depending on the vehicle. It also buys you a little time if you are having a hard time deciding what to get into next.

It is certainly a very viable option and one that a lot of my customers have done!

photo credit: Ronald Lewis

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There are benefits to leasing a car and of course there are risks of leasing a car, which you should equally understand before you make the decision between car leasing vs buying. I have seen far too many people who either didn’t understand all there was to know about car leasing vs buying let alone what the risks were. By the time they found out, well it wasn’t too late, but it was costly.

Make sure you are aware of these risks of leasing a car and contemplate these risks as you make the car leasing vs buying decision …

1. Knowledge – now it would seem funny to have this as a risk of leasing a car but it is. From everything that I have seen that has come to my desk as a Leasing Manager, IF the sales rep did their job in explaining leasing and if the customer explained entirely their situation AND asked every possible question that came to their mind, I truly believe the risks of leasing a car wouldn’t be an issue.

Many sales reps do not explain the in’s and out’s of car leasing effectively. Customers don’t quite understand car leasing and then of course are attracted to the payment vs. financing and then that’s where everything comes to a halt. Before you know it you are in the business office signing the paperwork and sail off on your merry way until the time when you have some decisions to make about giving it back or keeping it. That’s when the fun starts and headaches.

KNOW what leasing is all about and make sure you understand fully ALL there is to know before you decide to lease vs buying a car.

2. Ownership – one of the risks of leasing a car is that you are not able to trade it or sell it because you don’t own it. For some people, ownership is an important aspect. They want something tangible at the end of a payment term, something that they can call their own and do with it what they will. Leasing is a liability, whereas financing a car makes it an asset in terms of who owns the vehicle.

3. Mileage – a huge risk of leasing a car is how many kms per year do you drive. I have seen a great many people come to me after their lease it up with 1000s of kms over what they were initially allowed (no kidding!!).

At the time of making the decision to lease over finance, your sales rep SHOULD BE having this talk with you. There are typically two km packages. One is referred to as a low km lease package and it is typically 20,400 kms per year. The other is based on 24,000 kms per year. You can also purchase kms over and above the 24,000 kms as well. First things first however and that is to sit down and think about how many kms you do per year and then work with your sales rep to see if leasing is viable or it is wiser to finance.

4. Damages – another area that costs people a lot of money is damages. You are allowed normal wear and tear (sorry but that scratch the is the length of your car is NOT normal wear and tear). The rule of thumb is typically nothing bigger than a credit card. You can purchase peace of mind insurance where most mfg will offer you the option of an additional insurance which will cover you for up to $3500 worth of damage.

Is this a cash grab? Hmmmm … no. I have seen cars with up to $2500 and over in damages and customers breath a sigh of relief when they remember they had it. Of course have seen other customers kick themselves for not taking it and having to pay for the damages out of their pocket.

These are the risks of leasing a car that you need to be aware of. KNOWLEDGE is the key … and by knowledge I don’t mean the knowledge of the sales rep, I mean your knowledge as well. If you are not sure if leasing if for you or if you want to know the in’s and outs as it relates to your situation, no worries. send me an email and I will be more than happy to help you out and give you some advice before you go into a dealership!

Car Leasing Center – Risks of Leasing a Car This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

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There are a few benefits of leasing a car which make it a more viable option as opposed to financing and owning the car outright, but like anything else, it is buyer beware. Make sure you understand all the benefits of leasing a car before you decide to sign on the dotted line!

Benefits of Leasing a Car …

1. The Payment – This is a HUGE benefit of leasing a car! The concept I love most about leasing is the fact that your payment is lower than it is if you were to finance the car. See, with a lease you are paying for the amount of the car that you are driving over a specified period of time. Yes you have to pay the GST/PST (as the case may be in your Province), however these two taxes are charged on the payment itself … NOT on the whole price of the car.

With a finance option you have to remember that you are paying on the whole price of the car, plus the interest, plus the taxes and because of that your payments are higher.

2. You have options -Benefits of leasing a car include options at the end of your lease which gives you two options, you can:

a. Give back the keys and get into a new vehicle. Let’s face it 3-4 years is a long time, needs change, your lifestyle changes, even your tastes change. With a lease you have the opportunity to roll with those changes and if there is a new vehicle that has caught your eye you have the flexibility of having it next.

b. You have the option of buying the car out. Now, keep in mind this option is viable only IF the car held value. What I mean by that is this. When you lease a car you are also provided with the buyout of that vehicle. Meaning what it is that you have to pay if you decided to keep the car. What you do is, when it comes time to make the decision as to what you are going to do, have the vehicle appraised. You know what the buyout is, what you have no idea is what is the current market value of that car. Again, remember 3-4 years is a long time, the climate changes, I mean look where we are now which is a perfect example. If the appraisal of your leased car is close to what your buyout is, then you certainly know that the buyout is worth it “in today’s market dollars.” If the car is worth less in “today’s market dollars” then the decision is easy. I mean why would you pay more for the car than what it is actually worth? Give it back and get into a new vehicle!!!

Make Sense???

3. Cycle in and out of a vehicle more often - Another benefit of leasing a car is that you can get into a new vehicle more often. As your needs, lifestyle and taste changes, as does to the auto industry. New vehicles come out, technology advances and of course leasing gives you that option to get into the “latest and greatest”

The benefits of leasing a car make it a very viable option over financing a vehicle, which is why more and more people made the switch. HOWEVER, keep in mind that leasing might not be as viable option for you. There are things like the amount of kms you drive per year that might make financing more of a benefit. My strong recommendation to you is before you sign anything concerning a lease (or finance for that matter) that you sit down with a sales rep and get ALL THE FACTS and then determine if the benefits of leasing a car will work to your advantage.

If you aren’t sure what to ask, or would rather not go in and be pressured, no worries, send me an email and I will be more than happy to help you out and give you some advice before you go into a dealership!

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As it relates to Dodge, Chrysler and Jeep, with the financing rates being so much more aggressive, you are certainly better off to finance as oppose to lease any longer.

I know, I know … if you have been a leasee for a number of vehicles then you are not happy to hear that.

HOWEVER …

If you stop and think for a quick second, there are a few aspects to financing your next car rather than leasing that present some very valid advantages. These are really worth taking into consideration before jumping for the next car leasing opportunity!

Advantages to Financing vs Leasing Your Next Vehicle

1. KM Overage

With financing you are going to own this car so you don’t have to keep your eye on the odometer. Whereas with the lease you were capped at so many kms/year and anything over you are penalized at so much per km over.

2. Damage

Obviously it bites if you get dings on your car, however, with a finance again it’s your car so you can choose to have the vehicle repaired or not. With a lease unless you purchase the Worry Free XS Coverage (covers you for up to $3500.00 worth of damages) then those damages have to be paid for before the car goes back.

3. An Asset

If you finance a vehicle you own it. You have the freedom of trading it in when you are tired of it, keeping it it, selling it, gifting it. You name it, you have the option of doing whatever you want. With a lease you do not have ownership, you are essentially renting the car for a set period of time. At the end of course you have the option of owning by buying it out, but not until then.

There is leasing available through leasing companies, however, as it relates to Chrysler, Dodge, Jeep on the manufacturer level, they haven’t provided us with a lease option.

BUT …

Don’t let that stop you from taking advantage of the lower interest rates for financing and the excellent incentives that are on the go. There are amazing deals out there that certainly make the switch worthwhile!

If you have ANY questions concerning your lease, contact me for more Info

I will be more than happy to work with you!

If your lease is up and you aren’t sure what things you need to know … skip over to Car Leasing Center – My Car Lease Is Up … Do I Have Options?

Car Leasing Center – Car Lease Ontario Canada This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder

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Ah, the $64,000 question and of course the question that I hear a number of times throughout the day!

The short answer is … of course you have options!

Your Options Are …

1. Give the vehicle back. Your car lease is a “walk away” meaning you can give it back and walk away from it. You are free to get into another vehicle within the same brand or you can choose a different brand altogether, the choice is yours. There are a couple of things to consider and I will certainly give you the low down on those in just a second.

2. Give the vehicle back and get into a new one. If your car lease is about to expire you “may” be offered some form of Lease Loyalty Program as an enticement to keep you in the family and back into another new vehicle from the manufacturer.

I say “may” because it isn’t a given and of course not all manufacturer’s offer it. It just so happens that Chrysler, Dodge and Jeep do offer Lease Loyalty Programs from time to time. If you are leasing something other than Chrysler, Dodge or Jeep check with the dealership you purchased your vehicle from. If you are in a Dodge, Chrysler or Jeep Contact Me, with your lease details, I’ll be more than happy to work with you!

3. Buyout your current leased vehicle.You have driven this car since new so you know how it has been driven. The one thing you MUST understand is that the residual (buyout) is NOT negotiable. The buyout is what it is, plus there is an admin fee, gst/pst plus you also have to get a safety and e-test done and finally the registration transfer. (Note: safety and e-test is a requirement for Ontario, check and see what the requirement is for your province).

Before you consider this route however, take the 20 minutes go into your dealership and have the car appraised. You already know that the buyout is what it is … but do you know what the car is worth in today’s market dollars … typically no. Having the vehicle appraised will help you make an informed buying decision. If the car isn’t worth the buyout then my question to you is …

Why are you paying more for this car than what it is worth?

It doesn’t make sense! In that case give the car back. That’s the beauty of leasing, you have the choice of giving it back or keeping it, if it held value of course!

In a nutshell those are your three options. Now, typically what comes across my desk are people who don’t want to buy their lease out but are way over on their kms and/or have damages and they can’t afford to pay for them. They feel the best way to avoid it is to just grin and bear it and buy the car out.

When people come to me that are usually over kms (sometimes by a lot) and they may have damages. If you find you are over on your kms, then you will be charged .12 – .15 cents/km overage plus tax. It’s pretty straight forward.

Book a lease pre-inspection appointment where the Lease Manager will inspect your vehicle and let you know what you are responsible for in terms of repairing damages and/or km overage. They will provide you with an estimate for the damages and the actual for the kms. With that information in hand, when you shop for the next new car, use this as a bargining tool. What I mean is, tell them that you have a lease car, let them know the details in terms of how many payments you have remaining, how much you are going to owe in km overage and/or damages. You’re on the hook for the kms and overage so see what the new Dealership is prepared to do for you to earn your business.

If you decide to stick with the same brand, AGAIN, it is in the dealerships best interest to help you with the km overage and/or any damages you might have. They want to keep you in the family and will certainly work at helping you out to do so!

KEEP IN MIND … I said help, not assume all. Depending on your situation there is a possibility that they will cover it for you. However, if your situation is extensive, don’t expect them to foot the whole bill.

So do you have options?

You betcha!

If after reading this you still have questions, not to worry. You can either call your dealership, who I am sure is standing by to help you. Or, put it in a form of a comment below and I will certainly respond. If that isn’t working for you Contact Me, explain your situation and I will be more than happy to help you!!
 

If your lease is up and you think you might want a quality used car this time around instead … skip over to Used Cars for Sale Canada

Car Leasing Center – My Car Lease Is Up … Do I Have Options? This post via: Cars Canada For Sale The help you need when buying a new or used car in Canada!. Just Ask Ryder