Car Leasing Advice: The End Of A Lease

Have you reached the end of a car lease contract? It's best to know your options from this point onwards. You only have a couple and that is to extend your lease contract with the dealer and probably get a new car. Or you can end the lease, turn in the car you have currently and then probably consider buying a car that you can own at the end of monthly payments. Of course, you will need to have some kind of down payment in order to make this happen. Leasing, on the other hand, requires no down payment. However, you may want to consider discontinuing car leasing because the payments will never end unless a contract ends. Depending on your agreement with a dealer, this can be anywhere between 3 to 5 years per car contract.