Buy vs Lease in Gaithersburg, MD

So, your lease agreement is coming to a close and you’re wondering about what your next step is going forward. If you aren’t sure which route to take, let us at Gaithersburg Mazda be of assistance. We’ll chat about some options here that you might consider, but should you have additional questions, please don’t hesitate to contact us!

Renew the Contract

One possible avenue you can go with is to continue leasing. You’ll get to start a fresh contract with us on a brand-new set of wheels. Simply decide which of our models suits your needs best and our Finance Department will help you decide the leasing terms. This way, you’ll be up-to-date on the latest models without breaking the bank. As with your previous lease, you’ll only be responsible for how much the vehicle depreciates as it’s in your care and you will have a limit when it comes to mileage. On the flip side, your monthly installment will be lower and it will be covered under warranty, so you won’t have to worry about dishing out extra cash for service and maintenance. 

Become a Proud Owner

Another choice that you have is to purchase the vehicle and make it completely yours. If you’ve realized the Mazda you’ve been leasing gives you a fuel economy you’re happy with and offers the technology you’ve been craving, we will convert your leasing agreement into a financing contract. Individuals love this option because rather than having to start from scratch, you simply pick up with payments where your lease ended. This means you’ll solely have to pay off the remaining balance through a reasonable installment rate each month. After the very last payment, the keys will become permanently yours. Then, a year or few later, you’re free to sell it to us if you choose and upgrade to a new vehicle that we have waiting in our showroom.

Hand Over the Keys

If neither of the previous options are a perfect fit, you can choose to walk away. We know that sometimes individuals choose to lease for a few years and then might no longer even need a vehicle. Perhaps you’re only utilizing the car for business or you’re moving to a new city where you’ll be only using public transportation and won’t need a car. No matter what the situation is, we won’t pressure you to hold onto one of our models. We will assist you with the paperwork to complete your lease and once everything is set, you won’t be tied to any further obligations with us. After, we’ll fully inspect the vehicle you returned to us and display it on our sales floor as a pre-owned option for perspect customers just like you.
We hope that our lease end options near Rockville, MD, have helped you make an informed decision! If you’re ready to enroll in a competitive contract with us here at Gaithersburg Mazda, visit is today and let’s get started. Our dealership can be found at 625 N. Frederick Ave. in Gaithersburg, MD, and would love to see you soon!