Car lease takeover10/4/2023 When your lease is up, you can return the vehicle to the dealership, just like you would with a new car lease. ![]() Your monthly lease payments will be determined by the estimated depreciation of the vehicle at lease end plus the interest rate. ![]() On average, you are restricted to 1,000 miles per month, however, this is dependent on the agreement initiated by the previous owner. ![]() ![]() Finance Department Contact Us Car Lease Takeover: How Does It Work?Ī car lease takeover is very similar to leasing a brand new car, as you’re paying to drive the car around Hickory for an allotted amount of time and miles.
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