Lease End Options near Newburgh, NY

With the conclusion of your time with your leased Volkswagen vehicle, you have to decide how you’d like to wrap up your contract. If you’re having trouble picking a lease end option that suits your needs, we at Middletown Volkswagen would like to offer some guidance, so keep on reading!

Buying Out Your Lease

While only a relatively small percentage of leaseholders go down this route, buying out your lease is a valid end-of-contract option that you can take if you want to keep your vehicle for good. After two to four years with your leased Taos or Jetta in Newburgh, you may find yourself unwilling to part ways with it as the end of your agreement approaches. In such cases, the ability to be switched over to a financing plan can save you from unneeded stress, especially because you’ll know the exact cost of your decision based on the residual value of the soon-to-be-yours car specified in your lease paperwork. Making this choice will also exempt you from any additional charges incurred from exceeding your mileage allowance or damages sustained to your vehicle beyond normal wear and tear.

Renewing Your Contract

If you’ve been itching to get behind the wheel of a different factory-fresh Volkswagen model, you can do so by returning your current lease and renewing your contract! This is an especially popular option for drivers who don’t want to deal with the hassle of owning a vehicle long term. By moving on from one brand-new VW car to the next at 2- to 4-year intervals, you can avoid mechanical problems that tend to arise as vehicles get older while also saving on routine maintenance, as certain factory-scheduled services are covered for the first two years of your agreement via VW’s Scheduled Carefree Maintenance1 program. Returning lessees may also be eligible for a loyalty bonus2. On top of this, the turn-in fee for their current lease may be waived3. For more details about incentives for signing a second or third lease, contact our Finance Department!

Returning Your Vehicle

Over the course of your lease, your life circumstances may have changed, in turn altering your need for a mode of transportation for your travels around the Hudson River. Or, you may now want to do your due diligence as a consumer and try out different automotive brands. Whatever the reason, you have the absolute freedom to return your vehicle and walk away. In that case, you should schedule a pre-inspection of your car to assess whether you may be charged for excess wear. For this free procedure, a representative can come to your preferred location, whether it’s your home address or your place of work across the Newburgh-Beacon Bridge. If repair work is deemed necessary, our Service Department can help you with a quote! Don’t forget to make your final payment before turning in your model at our dealership.

Is It Possible To Extend My Volkswagen Lease?

Lease term extensions* are available for qualifying lessees. If you want to explore this option, contact our dealership staff!