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At the end of your car lease, you have three options. Option 1: Bring the car back to the dealer, drop off the keys, and walk away as long as you are under the maximum mileage and have no major wear and tear. Option 2: Trade it in for a new vehicle. Option 3: Purchase the vehicle at the end of the lease. Be aware of potential equity in the car that you may be walking away from if you choose to return it to the dealer.