Lease Return at Parks Chevrolet
Once you’ve explored our inventory of new Chevrolet models, you’ll have the option of either financing or leasing that vehicle. At Parks Chevrolet, we’ll provide you with the information to help you make the financial decision that’s best for you. When the lease ends, you usually have three lease-end options to choose from. Learn more about leasing and your lease return options below, and don’t hesitate to give our team a call if you have any questions.
What Are Your Lease Return Options?
Many shoppers enjoy the flexibility of leasing a vehicle since it allows them to upgrade to a newer model vehicle that’s packed with the latest technology features every few years. However, many drivers aren’t familiar with leasing and its benefits, so they’re not aware of the return lease process. When you visit Parks Chevrolet for your lease return, you’ll have three options to choose from. Check out those options below!
Terminate the lease
An advantage of leasing your Chevrolet vehicle is that you can return it when the lease ends with no questions asked. When you’re ready to start the process, complete the lease return form and some additional paperwork, and you’ll be all set! Keep in mind that there could be additional costs and fees when you return or terminate your lease.
Lease Buyout
If you’ve enjoyed your vehicle and want to enjoy the benefits of owning it, you can discuss a lease buyout. You’ll pay the estimated value of the car’s worth at the end of your lease contract in exchange for ownership.
Lease Extensions
If you’re not quite ready to return your vehicle or purchase it outright, a lease extension is worth discussing. This option means you’re extending your lease a little longer. Feel free to contact our finance team to learn more about lease extensions and the process to see if it’s the right option for you.
Lease Return FAQs
At Parks Chevrolet, we’ll work with you through your automotive journey, so you can make the decision that’s right for you. Have any additional questions about the process? We can help! Below are some common questions people ask about lease returns.
What Are my Lease Return Options
As mentioned above, there are three main options to choose from, but there’s also a fourth, and most common, option! And that’s to lease a new vehicle. This option allows you to get into the latest model every year and enjoy the benefits of the latest tech and safety features. Below is a quick summary of your lease-end options:
- Terminate your lease
- Lease a new vehicle
- Lease buyout
- Lease extension
What do I Need For a Lease Return?
- Keys
- Owner’s manual
- Vehicle registration
- Driver’s license
- Vehicle inspection report
- Lease agreement
- Maintenance records
- Repair receipts
Where Can I Return My Lease?
You can return your lease at most dealerships, even if you didn’t originally lease your vehicle there. At Parks Chevrolet, we’ll help you return your leased vehicle without any hassles!
Return Your Leased Vehicle at Parks Chevrolet
If your vehicle is nearing the end of its lease, make an appointment with our team at Parks Chevrolet! We’ll walk you through the end-of-lease process and help you decide which option is best suited for you. Don’t hesitate to contact us if you have any questions or to learn more about lease returns or choosing your next vehicle.