LEASE RETURN OPTIONS

Chevrolet Lease Returns

As your lease term winds down, you're presented with several important choices. Whether you're ready to upgrade to a new Chevrolet, keep your current car, or return the lease, we're here to guide you through decision-making.

Option 1: Trade-in for a New Chevrolet

When your lease ends, you have the opportunity to trade in your vehicle and upgrade to one of the latest Chevrolet models. This ensures a smooth transition into a new ride.

Benefits of Leasing Again:

• Drive the Latest Models: Stay current with cutting-edge technology and features.
• Lower Maintenance Costs: Lease agreements often include maintenance, saving you money.
• Potentially Lower Payments: Depending on factors, your new lease payments could be similar or lower than what you're paying now.

Option 2: Buy Out Your Leased Vehicle

If you've come to love your leased vehicle, purchasing it might be a great option.

What to Think About for a Buyout:

• Vehicle Condition: Look closely at your vehicle for any potential repair costs.
• Market Value: Research the current market value of your vehicle to assess its resale potential.
• Financial Considerations: Compare the cost of ownership, including monthly payments and interest, with the buyout price.

Option 3: Lease Return

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

Pre-Return Inspection:

• Schedule: Book an inspection a few weeks before your lease ends.
• What Happens: A representative will check for excess wear and interior and exterior damage.
• What to Expect: The inspector will evaluate the vehicle's condition based on your lease terms.

Finishing the Return Process and Possible Charges:

• Bring your lease documents, vehicle keys, and any original accessories when returning the car.
• Mileage Overages: Going over the agreed mileage may result in a per-mile charge.
• Wear and Tear: Excessive wear or damage could result in additional fees.
• Disposition Fee: This fee covers the costs associated with processing the returned vehicle.

As your lease end approaches, consider your next step. Whether you're upgrading, buying your vehicle, or returning the lease, we're here to help.

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