Can I Extend My Car Lease?

Is your lease expiring soon? If so, you have a number of options, including a lease extension. At Mercedes-Benz Durham we understand if our Toronto neighbours have fallen in love with their current Mercedes-Benz lease and aren’t ready to part with it. To get the details about our lease extension process, contact Mercedes-Benz Durham in Whitby for help! In the meantime, take a moment to review all of your lease-end options!

Lease-End Options

When your lease expires, you can extend your car lease through Mercedes-Benz Durham—no problems. Our associates can walk Oshawa drivers through the steps of the lease extension process. Just in case you’re curious about your other options, however, take a moment to explore all available paths at the end of your lease:

• Swapping: You can swap your current lease out for the latest and greatest that Mercedes-Benz has to offer.
• Buying-out: You can finance the remaining value of your vehicle with the intent of ownership. If you’ve put fewer miles on the odometer than the limit stipulated in your lease agreement, it’s possible that you’ve built lease equity as well. The price of your lease was calculated based upon estimated depreciation, and if you’re way under mileage, you may be able to put lease equity towards the value of financing your vehicle.
• Walking Away: You can walk away from lease, no hassles.
• Extensions: If you’re not ready to finance your current lease and not ready to say goodbye to it either, we’re more than happy to extend your lease.

Have Questions About Lease Extension?

Now that you know that you can extend your car lease in Whitby at Mercedes-Benz Durham, call us at (905) 666-8805 to initiate the process. If you’re curious for more details about other lease-end options near Markham, our associates are more than happy to answer your questions and walk you through the right procedure for you. In the meantime, take a moment to explore our other auto finance and insurance tips, including our overview of the differences between leasing and financing! We look forward to helping find the option for your needs!