Chevrolet Lease Returns
As your lease term draws to a close, you'll need to make some important choices. Whether you're ready to move into a new Chevrolet, keep your current vehicle, or return your lease, we're here to support you through the process.
Option 1: Upgrade to a New Chevrolet
At the end of your lease, you can trade in your vehicle and step into one of the latest Chevrolet models, offering a seamless transition into a brand-new car.
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Perks of Leasing Again:
- Newest Features: Stay ahead with the latest technology and innovations.
- Reduced Maintenance Costs: Leases often come with maintenance plans, keeping costs lower.
- Possibly Lower Payments: Depending on the deal, your new lease payments could be similar to or lower than your current ones.
Option 2: Purchase Your Leased Vehicle
If you're attached to your current vehicle and would like to keep it, purchasing it outright is an option.
Key Factors to Consider for a Buyout:
- Vehicle Condition: Take stock of the vehicle's condition, including any wear or potential repairs.
- Market Value: To evaluate the vehicle's resale potential, look into the current market value.
- Financial Aspects: Consider the full cost of ownership, including payments, depreciation, and the buyout price.
Option 3: Returning Your Lease
If you're ready to return your vehicle, we make the process simple and straightforward.
Pre-Return Inspection:
- When to Schedule: Book an inspection a few weeks before your lease expires.
- What Happens: A representative will review your vehicle for excess wear, damage, or scratches.
- What to Expect: The inspector will evaluate the vehicle's condition per the lease agreement terms.
Completing the Return and Any Applicable Fees:
- When returning your vehicle, be sure to bring your original lease paperwork, keys, and any included accessories.
- Mileage Overages: You may incur additional charges if you've exceeded your mileage limit.
- Excess Wear: Damage beyond normal wear could result in extra fees.
- Disposition Fee: This fee helps cover administrative costs associated with processing the return.
As your lease term nears its end, review your options. Whether you decide to upgrade, keep your current vehicle, or return it, we're here to help make the process simple and clear.
For more details on your lease return options, please contact us or find the Chevrolet lease-end guide when you visit the GM website.
