There are aftermarket 'end of play auto lifts' that are excellent add-ons, IF you can fit one.
That model AT120 has no clearance between the edge of the platter and the tonearm base, so I do not think you can fit one.
Keep that in mind if you consider an alternate TT. Buy from a source you can return, because you may not like one, then get a different one. I tried the Q up, didn't like it, bought the more expensive Audio Technica, love it.
i.e. my JVC has a wide tapered rim, reduces the space to the Tonearm base. I can ONLY fit the AT one between my 12,5" arm (because it's base is much further away. Cannot fit one for either of my 9" arms.