Franklin Sussex Auto Mall Blog

As part of our ongoing series regarding Frequently Asked Lease-End Questions, we answer a question received by one of our customers whos lease wasn’t fully completed.

Question:
Can I purchase my vehicle now?

Answer:
Yes! However, we must caution you that the price you are going to pay may exceed the current market value of the vehicle itself. If you are taking out a loan to make this purchase, it could put you into a negative equity situation. If you stop by Franklin Sussex Auto Mall, we would be more than happy to provide you with a free appraisal to help get a better idea of your vehicle’s current market value.

However, this is only one of many options available to you at this time. We have many programs and options available to individuals in your situation. Chrysler often has a program called Pull Ahead that allows you to end your current lease early and jump into another brand new vehicle without penalties.

Overall, our experience has shown that the best time to complete the purchase option is within the last 30-days of your current lease terms.

For more information, you can contact Kevin Houghtaling @ 973-702-2546