Ram 1500 End of Lease Q and A
Ram 1500 End of Lease Q and A
If You Have Questions About Your Ram 1500 Lease End, Read More Below!
If you leased a Ram 1500 and your lease is coming to an end, you've come to the right place! We understand that the end of a lease can bring a multitude of questions, and it's essential to have all the necessary information to ensure a successful and smooth process. Whether you decide to replace, purchase, or return your lease, we at Star Dodge Chrysler Jeep Ram are here to ensure that all your questions are answered by the end of your lease. Read more below to learn about the most frequently asked questions and answers regarding lease end. If you have any other questions, please don't hesitate to reach out to our finance center for support.
What Are My End of Lease Options?
Your lease end is an exciting time because you have complete control of what happens next! There are three different options you can choose for your Ram 1500 when your lease comes to an end, and that's whether you want to replace, purchase, or return your Ram 1500. Replacing your Ram 1500 is simple and allows you to explore the newest trim levels available! Purchasing your Ram 1500 transfers all ownership over to you, and you're able to buy your Ram at any point during the lease. You also have the option to return your Ram 1500 and explore other vehicle options out there to drive off in something else you love. No matter what you choose, our team here at Star Dodge Chrysler Jeep Ram is here to make the transition seamless and straightforward.
Can I Repair Any Excess Wear and Use on My Own?
At the end of your lease, excess wear and tear on your vehicle may be charged to your account to cover the cost of making these repairs. A popular question that comes up when your lease is approaching is whether you can repair any excess wear and use on your own, and the answer is yes! You can choose to have any use and wear on the truck repaired before you turn in your truck, but keep in mind that you will need proof of receipts as proof of any repairs completed for these charges to be waived entirely. Fixing these repairs yourself ensures you have a better gauge on your end of lease payments, and a better estimation of how much you'll owe at the time you turn in your truck. If you have any other questions about wear and use on your Ram 1500, please reach out to our finance center.
Where Can I Find My Mileage Allowance?
When you lease a Ram 1500, it's essential to keep in mind the mileage allowance specified in your lease agreement. This is invaluable information that ensures you don't go above the mileage granted to you, and therefore won't be charged additional fees or go over the agreed-upon mileage. You can find your mileage allowance on your lease agreement in the Excess wear and use section, and keep in mind that if you go over your mileage allowance, you will be charged per mile at the rate listed on your lease agreement. When discussing your lease agreement, also keep in mind that you cannot purchase extra miles once the lease is signed, so ensure you map out how many miles you'll need to be in a comfortable position.
What Charges Can I Expect to See on My End-of-Term Invoice?
After you turn in your Ram 1500, you will receive an end-of-term invoice if any charges are due. Charges may include: Turn-In Fee, Excess wear and use fees, excess mileage fees, remaining unpaid monthly payments, and any other amount that is due. By submitting these fees and ensuring there are no outstanding balances, your lease will be 100% fulfilled, and you'll be able to take your next step forward. If you have any questions about any of the costs that appear on your invoice, contact us here at Star Dodge Chrysler Jeep Ram and learn more about how your lease end can be a seamless process.
Come and Lease Your Next Ram 1500 Through Us Here at Star Dodge Chrysler Jeep Ram!
If you're ready to work with a dealership that ensures quality care and support throughout your entire lease, come on by Star Dodge Chrysler Jeep Ram today! Our finance center is home to our friendly team, who are ready to find a plan that works for you and your lifestyle. The Ram 1500 is an excellent option that'll never let you down, and we have a vast inventory for you to explore. Come on by and check it out, we look forward to working with you!
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