What is the Purchase Option Price?

February 17th, 2017 by

Buying a Vehicle

When you look for a car, you might hear a lot of terms, which can be a bit confusing. One of these terms is the “Purchase Option Price.” What is the Purchase Option Price?

The “Purchase Option Price” only applies to leases. You will be given a period of time to pay off the lease. There are many time periods, including the 24-month lease. After the 24 months are over, you have three options: 1. Trade-in, 2. Return or 3. Purchase. As, you might have guessed, the “Purchase Option Price” is what you need to pay after your lease is over.

We are hoping to be the dealership to get you into the “car of your dreams.” When you have great transportation, it can make your entire life better. We give you plenty of options, including the “Purchase Option.” Discover the best cars, trucks and SUVs at our local dealership.

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