Is your lease coming to an end, or are you curious about returning a leased vehicle early? In any case, the lease return process is fairly simple and straightforward. Below, you can learn more about returning a leased car and how it works at our American Fork finance center. Our Chevrolet dealership is your number one source for information on car buying and leasing.
When you’re ready to return your leased vehicle to Ken Garff Chevrolet, make sure you have the following items and documentation:
If you can’t find an item listed above or you forgot it, chances are we can look it up for you. If you have any questions about what you should bring, don’t hesitate to contact us online or by phone at (801) 980-2102.
When it comes time to return your leased vehicle, you can simply drop it off at our dealership. Even if you leased the car at another Lehi or Pleasant Grove dealership, you can still bring it to us. Here’s a quick overview of the lease-return process:
It depends. Check with your leasing company first, but in most cases, companies do allow lessees to do an early return. Keep in mind that you’ll still be responsible for paying off the owed amount, as well as any fees and penalties. Afterward, you can still upgrade to another leased vehicle of your choosing.
The lease buyout definition is when a car dealership lets you purchase a car at the end or before the end of your lease contract. Typically, the price is the car’s remaining value. There are two lease buyout options: lease-end buyout and early lease buyout. A lease-end buyout is most common and involves paying what the vehicle is anticipated to be worth by the end of the lease term. An early lease buyout is when you purchase your vehicle before the lease contract ends. Not all car leases allow for this option, so be sure to check beforehand.
If you want to own a car, a lease buyout is a smart choice, especially if you’re on a tight budget. Here are a few steps that you’ll take to complete a car lease buyout:
With Ken Garff Chevrolet, you can return a leased car quickly and with minimal stress, so you can get back on Eagle Mountain roads in no return. If you’re planning on leasing a car for the first time, check out our leasing guide for drivers around American Fork!
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