Can You Extend a BMW Lease?

When your auto lease runs up, you might be reluctant to turn your car in. That’s why many customers ask the BMW of Wesley Chapel team if a BMW lease can be extended. The answer depends on the terms of your lease, but generally, it’s easy to extend your lease beyond the initial period. Let’s cover how you can extend your lease.

Can You Extend Your Lease?

Whether or not you can extend your lease should be covered in the terms and conditions. Generally, we allow customers to extend their lease by up to 12 months if they give us ample warning. However, your BMW financing plan might qualify for a longer extension.

The other terms of your lease won’t change if you receive an extension. You’re still bound by the mileage and monthly payment terms as initially given.

Extending Your Lease Longer

If you want to keep your car for more than a few additional months, you still have a few options. First, you can contact our finance team to acquire a lease on the same vehicle once yours runs out. We can work with you to ensure a lease is transferred over to your current vehicle.

Another option is to buy the leased vehicle out. This ensures that you keep the vehicle long past the lease end date, without the payments and mileage restrictions that come with the lease. If the terms of your lease allow for a buyout, contact us to initiate the process.

Shop for a BMW Lease at BMW of Wesley Chapel

Whether you’re looking to extend your current BMW lease or shop for new ones, BMW of Wesley Chapel has you covered. Contact us today to see what financing deals we have on offer.