Return Your Lease

CAR LEASE RETURN FAQS

HOW WILL I KNOW THAT MY LEASE TERM IS ENDING?

If you have the original paperwork when you signed off on your lease, the lease end date will be there. If you're still unsure, you can get in touch with the dealership where you leased your vehicle. They will be able to answer questions about your lease term.

WHAT IS THE PROCESS TO RETURN THE LEASED VEHICLE?

Once you know that your lease term is ending soon, you can schedule an inspection of the lease vehicle. A leasing company will usually contact you to set up an appointment. They typically look any exterior and interior damage to the vehicle.

WHAT IS A LEASE INSPECTION?

Lease inspection is completed by a 3rd party inspector to check for any damage prior to returning the vehicle. For the exterior of the car, they are generally looking for dents, dings, scratches and scrapes, window cracks, and excessive tire wear. For the interior, they are generally looking for tears, stains that can't be repaired or cleaned by normal means.

IF MY LEASED CAR IS DAMAGED, WHAT SHOULD I DO?

Normally, minor wear and tear isn't an issue. If there is damage beyond that, it's the lessee's responsibility to repair the damage prior to returning the vehicle. You can also buy the leased vehicle if you do not wish to pay for the damage. We suggest getting in touch with us to know what your options are.

HOW MUCH DO I NEED TO PAY IN FEES IN CASE OF DAMAGE TO MY CAR?

That depends on the type and extent of the damage. You may have to get an estimate from an auto body shop or repair shop.

IS IT POSSIBLE TO RETURN MY LEASED VEHICLE EARLY?

Yes, but there will be termination fees associated with ending your contract early. To avoid this, you can transfer your lease if it's allowed by your contract. Contact the dealership you leased your vehicle to learn more about your options.

CAN I PURCHASE MY LEASED VEHICLE?

Yes, you can purchase your leased vehicle at the end of your lease. The lease buy out price is typically mentioned in your lease contract. Any dealership can help you buy out your lease at the end of your term.

CAN I TURN IN MY LEASE AT A DIFFERENT DEALERSHIP THAN WHERE I LEASED IT FROM?

Yes, as long as you go to an authorized dealership that's the same as the vehicle's make. However, before you return your vehicle, make sure you contact the concerned dealership.

DO I NEED TO PAY ANYTHING WHILE RETURNING MY LEASE?

Usually, yes. There are fees such as mileage overages, excessive wear, general disposition fees, etc. At times, if you lease another vehicle near the end of your lease term, some dealerships can waive some of the fees.

CAN MY LEASE TERM BE EXTENDED?

You can request an extension of your lease term, but it can vary. Contact your leaseholder for more details.