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Those Terms and Conditions, would be documented in the lease document that you "lease-ee" signed with whomever the "lease-er" is. You'll need to look it up there.

If it is not called out there giving you specific rights to extend under whatever circumstances, then you're going to have to try and re-negotiate it. That I'm sure will open up a salesman's eyes, and I would doubt that they'd be real incented to do that (given they'd want to put you in a new vehicle and lease). Additionally you have more risk in that your vehicle may be dropping out of warranty, and you may have more maintenance cost exposure.

Your probably have terms which give you the opportunity to buy it at some price, and you should certainly at least explore that option if you really are not ready for a new vehicle and lease.

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Many times you'll find that manufacturers will do this for you. It will not be covered in your lease agreement. You need to call the information line and contact Toyota directly. They will be able to answer your questions. They may even put you on a month to month lease program.

Good luck!

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I agree with madmanmoo However the great thing about a lease is you don't have to pay it off you can just turn it in and do another lease. If you go into a similar car you payment won’t go up much it all depends if you went over on you miles, damage on the car. a lot of time you can get extra money (rebate) for staying brand loyal(not all cars thought)(Jeeps you can) You have to look at two thing how long the lease is 36,39,48 months next how many miles you are going to drive a year 12,000 miles is good. The other part is the residual (what the guaranteed value after the lease is) the higher that this is the lower you payments are. Example 25,000 dollar car and the residual is 62% = 15,500 that means you finance 9,500 which makes you have really low payments financed at 30 per 1,000 means your payment should be somewhere around 285 this example does not include any interest. Anyone of those thing change and so does you payment (A normal residual for 12,000 miles 40 to 50 % however jeeps are normally higher 62% is a Jeep Wrangler last time I checked).

Source: Jeep Salesman

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If the lease is through Toyota financial you can extend the lease on a month to month basis for up to six months. After six months you still have the option to give it back or purchase it. If its through an outside company as others mentioned call them up and see if you can work out a deal.

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Yes they will. You might have to some more fees, but it can be done. And you can carry over your remaining warranty as well.

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