Can I Return A Leased Car
Leasing a car has become one of the easiest ways to get a car. You still have to hassle with the dealer a bit, but you don’t have to put any money down, which is a major advantage. Car dealers agree do lease great cars for low prices if you know the right places to look for them. Let’s assume that you’ve got your car, you’re happy about the deal you’ve just made and get to drive home in a cool car. Time passes and you’re faced with the ending of the lease contract and you have to take the car back. These are a few steps that explain how the entire process should go.
Before your vehicle lease ends, you will probably get a letter from the leasing company which announces you that the leasing contract is almost over and you have to return the car. It will also contain a set of instructions for you to follow in order to return the car. In case you get stuck at some point, you can always get in touch with the leasing company for supplementary instructions related to the car returning process. Before you turn in your lease, you have to make sure that all damage sustained by the car has been repaired in order to avoid possible penalties or extra payments. Sign all the paperwork and wait for a notification from a bank or credit company regarding any payments required for possible damage and wear and tear, or other contract violations.
Ok so the first thing you need to do is check in with the leasing company for a couple of instructions and a location where you should drop the car. You will have to present them your Social security number or an account number so that the representative can access your account. Since leasing contracts usually cover a wider area, not only local, you probably will be able to drop off the car at any representative dealer belonging to the same company.
You have to examine the car thoroughly, look carefully for any possible wear and tear because, what you consider as “normal use” might be different than what the dealer might see, therefore you might end up paying steep penalties for damaging the car condition over a certain limit. Although little scratches or a dirty carpet may not attract any kind of fees, dents, broken knobs of any kind, stains or other visible damage will result in fees after they’re done analyzing it.
Make sure that the vehicle is completely clean, and in case of extensive damage you can either contact the insurance company, or you can pay for the repairs yourself. Have a good look around not to leave any possessions in the car and try to make it look as close to new as possible.
Step number three is calling the representative car dealer where you’re dropping off the car, to see if an appointment is required for a lease return. Make sure not to be late, since they put great price on punctuality. Know that most dealers don’t like the idea of Saturday drops off. Another reason why you should call ahead is the fact that if you arrive when he’s really busy, you might end up waiting for hours. Don’t forget any items that came with the car such as keys, key fobs or the owner’s manual.
And finally, take care of all the necessary paperwork. The representative will take the vehicle’s information, and if there are no problems with the car, you can either head home or head for another car.