As you approach the end of your Mazda lease, you are faced with a decision. Should you complete your Mazda lease return, or should you buy the vehicle? Here at Route 9 Mazda, our team of finance professionals wants to help you make the right choice. While returning your keys and leasing a new Mazda model is always an exciting option, lease buyouts are also a great choice for certain drivers. This guide breaks down the benefits of each option.
When to Return Your MAZDA Car
A traditional Mazda lease return is the ideal choice for drivers who love having the latest in-car technology, safety features, and top-end performance every few years. The process is simple. All you need to do is schedule a pre-return inspection, settle any remaining fees for excess mileage or wear, and hand over the keys. If you don’t want to deal with the long-term responsibilities of maintenance and ownership and are ready to get behind the wheel of a new Mazda car, this is the best option for you.
When You Should Consider Buying Your Lease
If you cannot bear the thought of getting rid of your current ride, you’ll likely want to buy out your lease. In addition to staying in the vehicle you love, this option also has a financial advantage. If your leased Mazda car has a current market value higher than its residual value listed in your lease contract, you have instant equity. You should also consider a buyout if you are over your allotted mileage or have some wear and tear on the car.
Learn More About MAZDA Lease Return Options
Your lease-end decision depends on your budget and personal preferences. The finance team at Route 9 Mazda is here to help you decide the right path forward, so visit us today to explore all your options!
Connect with us
