LEASE RETURN OPTIONS

Chevrolet Lease Returns

As the end of your lease term approaches, you're presented with a few key decisions. Whether you're looking to upgrade to a new Chevrolet, keep your current car, or simply return the lease, we're here to make the process smooth and easy.

Option 1: Trade-in for a New Chevrolet

When your lease concludes, you can trade in your current vehicle and upgrade to one of the latest Chevrolet models. This allows for a smooth transition to a new car.

Benefits of Leasing Again:

• Newest Models: Always drive vehicles equipped with the latest technology and features.
• Maintenance Savings: Many lease agreements cover maintenance, reducing your overall costs.
• Possibly Lower Payments: Depending on various factors, your new lease payments could be similar or even lower than your current ones.

Option 2: Buy Your Leased Vehicle

If you've come to love your current vehicle, buying it outright may be the perfect choice.

Things to Consider for a Buyout:

• Vehicle Condition: Review the condition of your vehicle for any wear, tear, or repairs.
• Market Value: Research the current market value of your vehicle to understand its resale potential.
• Financial Considerations: Compare the total cost of ownership, including monthly payments, interest, and depreciation, against the buyout price.

Option 3: Returning Your Lease

Returning your leased vehicle is straightforward if you're ready to move on.

Pre-Return Inspection:

• Scheduling: Arrange a pre-return inspection a few weeks before your lease ends.
• What Happens: A representative will check your vehicle for any wear, tear, or damage.
• What to Expect: The inspector will compare the condition of your vehicle with the terms of your lease agreement.

Finalizing the Return and Potential Charges:

• Bring your original lease agreement, keys, and any accessories when returning your vehicle.
• Mileage Overages: There may be additional charges if you've exceeded your mileage limit.
• Excess Wear: Any damage beyond normal wear could lead to extra fees.
• Disposition Fee: This fee helps cover the administrative costs of processing your vehicle return.

As your lease end approaches, consider your options. Whether you're upgrading to a new model, buying your current vehicle, or returning your lease, we're here to assist you.

For more information about lease return options, please contact us or find the Chevrolet lease-end guide when you visit the GM website.