Considering their world-class driving experience and unmatched level of aesthetic and comfortable design, it’s no wonder so many drivers end up extending a Mazda lease once their term is up. But what are the financial implications of applying for an extension on a lease? Here’s what you need to know about lease extensions, courtesy of Blaise Alexander Mazda State College.
Why Extend a Lease?
Simply put, a lease extension is a renegotiation of the terms of a lease agreement that allows for a longer term than what was originally decided upon. If you’ve been enjoying the upscale interior and superior performance of your Mazda vehicle, and you aren’t ready to start shopping for a new car, extending your lease might be the perfect solution. Bear in mind that previous mileage and wear-and-tear conditions may need to be renegotiated to allay any new costs at the new end of your lease.
Other End-of-Lease Options
Of course, if you’re not ready to give up the Mazda vehicle you’ve been leasing, you might want to consider purchasing it outright. Our financial experts at Blaise Alexander Mazda State College can help you find a financing package that works with your budget and allows for uninterrupted use of your vehicle. You may also consider exchanging your leased vehicle for another, either beginning a new lease or financing a new or pre-owned Mazda auto at our dealership.
Lease a MAZDA Vehicle in State College, PA
If extending a Mazda lease is the right decision for you, our team is standing by to make it happen so you can enjoy your precision-engineered luxury vehicle for as long as you like. Contact Blaise Alexander Mazda State College today to inquire about current Mazda financing opportunities or to schedule a test drive at our dealership in central Pennsylvania!
