At the end of your chosen lease term, there is a residual value which is set in accordance with ATO and financier guidelines.
Several options are available at lease end, including;
- Pay the residual value and take ownership of the vehicle
- Refinance the residual value
- Sell or trade-in your vehicle to payout the residual value
Be sure to ask your sales consultant about Lifestyle Guarantee Insurance – this allows you to easily hand back your vehicle at the end of the lease term with the residual risk fully mitigated.