Here’s What Happens When Your Car Lease Ends
One thing that often gets asked about leasing is what happens when the lease ends. Most people view leasing a long-term rental, so it makes sense that the vehicle needs to be “given back.” But what actually happens? What is the process and how do you do it?
Today, we’ll show you what to do when you car lease ends.
Before you return your vehicle, you need to have it inspected at an OEM-certified dealership. If the vehicle you leased has any damage, your will have to cover the costs to repair them. Damage is usually classified as: 1) exterior cosmetic damages like dents, scratches, and curbed wheels; 2) damage to windshield or windows, like cracks or pitting; 3) excessive or unnatural tire wear; 4) upholstery damage that cannot fixed during normal refurbishing. Doing this inspection far in advance will cut down on repair costs significantly, if there are any.
Return the Vehicle
The first thing you have to do is take the vehicle to a dealer that accepts your leased vehicle. It does not necessarily have to be the same dealership you got it from. So, if you moved after starting a lease, you don’t have to worry. You need to return your leased vehicle before or at the expiration date. If the vehicle is returned late, you will be charged a late fee. Also, make sure to include anything that was included with the car, like car accessories or the owner’s manual.
Still Have Questions?
If you’re still a little unsure about what to do when you’re lease ends, give Hall VW a call. We’ll gladly walk you through the steps of how to return an eligible vehicle with us. And if you need a pre-return inspection, consider scheduling one with us.