

If you're nearing the end of your lease and have questions regarding what happens next, our team has the answers you're looking for here at Heritage Cadillac. While we'll talk about all the avenues you can take, we'll spend a bit more time on lease buyouts, as they are a bit more complex than the other options available.
What's a Lease Buyout?
Right off the bat, let's jump right into what a lease buyout even is. Generally speaking, this is a way for you to become the permanent owner of the current vehicle you're leasing. That's right, you don't necessarily have to return your model to us when your contract reaches its end. If you ultimately decide on this path, you'll have a few ways to pay off the remaining value of your beloved set of wheels. If you want to pay in cash or all at once through a different method, that's entirely possible. That being said, it's more common for individuals to just start a loan to make repayments in budget-friendly increments.
End Your Lease a Different Way
Although a lease buyout might be the best path forward to take for some, other folks might prefer to go a different way. If you're getting close to the end of your agreement and you don't think you want to make a permanent commitment to your ride, you can always start a lease with a factory-fresh set of wheels. This is generally a route automotive enthusiasts take since it allows them to swap out their vehicles on a more consistent basis. That being said, we also have clients that are moving out of town or don't need another ride for some reason or another. If you fall into that boat, your lease return will be as simple as possible since all you'll have to do is return the keys!
Our Finance Department
Regardless of how you decide to end your lease, you can count on the Finance Department at Heritage Cadillac to be there for you. If you choose a lease buyout, our team will show you what your monthly payments will be based on the current value of the vehicle, which means we'll take into account the contributions you've already made. You can even lower the cost further if you have a different set of wheels you want to trade in. Additionally, our financial experts will ensure you receive a loan plan that doesn't break the bank. At the end of the day, our goal is to make sure all your questions are answered.
To get the full scoop on your lease buyout options near Naperville, IL, consider checking in with the team at Heritage Cadillac. Until then, learn more about your credit score for a better idea of how this might impact your automotive plans. Â
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Hours
- Monday 9:00 am - 8:00 pm
- Tuesday 9:00 am - 8:00 pm
- Wednesday 9:00 am - 8:00 pm
- Thursday 9:00 am - 8:00 pm
- Friday 9:00 am - 6:00 pm
- Saturday 9:00 am - 5:00 pm
- Sunday Closed