FAQ: Lease Return

Acquiring a quality new or used car is a major investment, and not just in dollars. Your time, way of life, and family’s well-being are all involved in the decision you make. At Zeigler Cadillac of Lincolnwood, we want you to feel like you’re on top of every detail of your Cadillac lease.

Here’s an overview of some frequently asked questions surrounding your lease return.

What Happens at the End of My Lease?

When your Cadillac lease ends, you essentially must either return the vehicle or choose to extend the lease. Depending on your lease agreement, you will most likely have the option to trade in the vehicle for a new lease.

Can I Extend My Lease?

Yes, most likely. The conditions of a lease extension will depend on what you had previously negotiated before beginning your current lease.

Can I Buy the Car When My Lease is Up?

Yes, that should be one of the options. Again, you’ll need to revisit your lease agreement, but if you have been making lease-to-buy payments, then buying the car will be possible.

Will I Have to Pay Anything?

If you’ve been making the lease payments, you’ll only have to pay something if there is

damage to the car. You should have an agreement that clearly explains your liability

should there be any damage beyond the expected level of wear and tear.

While some wear is expected, an excessive amount of damage will result in your most

likely owing some money for whatever happened.

For a more comprehensive idea of what to expect when the time comes to return your

leased Cadillac, contact Zeigler Cadillac of Lincolnwood and we’ll help you in any way

we can!