James Martin Chevrolet

Detroit’s #1 Chevy Dealer

Apr 15, 2024
Calculating car finances

If the end of your Chevrolet lease is coming up, you have a few options, including buying your car outright or moving on to your next exciting car. The team at James Martin Chevrolet reviews the lease-end process and what steps you need to take.

Prepare for Fees

Before turning in your vehicle, it’s important to be aware of any extra expenses you may have to pay. Under an open-end lease, you are responsible for the difference between a vehicle’s final value and its residual value. Most leases are closed-end leases, however, which only make you responsible for any mileage limit overages and excessive wear and tear.

Before you return your vehicle, we recommend you schedule a complimentary pre-return inspection. This can help you ensure there isn’t any excessive wear on your vehicle.

Review Your Lease-End Options

If you’re looking to move on to a new car, then ending your lease is simple. Bring the car into our dealership and pay any additional fees outlined in your lease agreement to mark the end of your lease. This is a great opportunity to find your next car, as well as find out more about new lease offers available now.

Your lease may offer you the opportunity to buy the car outright when your term is up. If you’ve been happy with your lease, talk to our team to see if you are eligible for a lease buyout.

Find Out More About Your Chevrolet Lease at James Martin Chevrolet

If the end of your lease is coming up, it means it’s time to find your next great Chevrolet ride. Visit us at James Martin Chevrolet and have our team find your next lease today!