Not everyone can afford to buy a Maserati, but with leasing as an option, you can enjoy the euphoria of driving a luxury vehicle even if the experience does not last forever. If you have leased a Maserati in the past or are perhaps coming to the end of your current lease, you might be pondering over renewing your lease or maybe simply buying a more affordable car.
Before you decide, you should know that there are usually many options to enable you to go from leasing to owning your Maserati. Here are the best options to consider:
1.Extend your lease
If you would like to keep your Maserati around a little longer, extending your current lease is a good option, and some dealers will give you a decent discount if you renew well-before the expiry date.
You have the opportunity for upgrading to a nicer, newer vehicle at the end of your lease. All you have to do is turn in your current lease, and then you can browse through a series of other models that would be ideal for a more exciting future.
3.Purchase the vehicle
You may have grown to love your Maserati model during the time you got to spend with it. In this case, apart from the option of extending your lease, you can purchase the vehicle outright. Some dealers will be willing to discount the initial lease, considering it as part of the down payment towards buying the car. Be sure to ask if this option is available.
If you decide not to renew your lease nor explore other options, you will have the simple choice of returning the vehicle. In this case, you would be required to schedule a pre-inspection of your car at least 30 days before your turn-in date. To learn more about the process, read this detailed guide to Maserati Leasing Tips.
A pre-inspection has to be conducted by an independent (third-party) inspection company and can be arranged at your home, office, or another convenient location. You should hold on to a copy of the report telling the condition of the vehicle.
Wear and use is often outlined in your lease agreement and may include:
- Holes, tears, burns, stains, and excessively worn areas in the interior.
- Damage to the vehicle’s frame or alignment.
- Any wear and use related to the tires.
- Cracked, broken, or missing windows, doors, lights, trims, mirrors, or antennae.
- Scratches, chips, dents, rust, pits, holes, or cracks in the wheels, windshield, or other exterior surfaces.
- Damage due to improper or poor quality repairs.
- Missing manuals, keys, or non-working remote entry devices.
- Missing, damaged, or non-working mechanical, electrical, safety, or emissions control equipment.
If chargeable damages are noted, it would be best to make repairs immediately to reduce your end-of-term liability. If you do not get a pre-inspection, one will most likely be done on turning in the vehicle. Then, applicable wear and use charges will appear on your final lease-end bill.
If the report, however, shows that there are no required repairs, the vehicle should be returned to the authorized location by the end of your lease. Remember to remove personal items, and also replace any manuals, literature, keys, or stickers that came with the car before the inspection.