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Are you leasing a car and are considering returning a leased car early? When it comes to returning a leased car early, most dealerships will let you return your car early with no penalties. However, this isn’t always the case, and if you want to return your car way before the lease ends, you’ll most likely face early termination fees. Always check in with the company where you leased your car from in Southlake first. If you’re wondering about the general process of returning a leased car, stick around to learn more with the finance team from Momentum Alfa Romeo.
To make sure that the return process goes as smoothly as possible, you’ll need to gather a couple items beforehand. Proof of maintenance and repair, the owner’s manual, keys and spare keys, a vehicle inspection report are all the things you should have before strolling into a dealership. Can’t find some of these items? If you choose to return your leased car to our dealership in Hurst, our team can look up some of these items for you.
When the time comes to returning a leased car, it shouldn’t be a long or difficult process at all. Simply, you’ll arrive at another dealership or ours located right near Keller to say goodbye to your vehicle by dropping it off. From there, a specialist will inspect your vehicle for any damages, and any extra miles that exceed the restrictions on your contract. Any extra mileage or damage will result in penalty fees. Once the inspection process is over, you can opt to buy the current leased vehicle, upgrade to lease a newer model, or buy a new or used car.
As we touched upon earlier, most companies can allow you to return your car early—as long as it isn’t too early. That’s why it is important to contact the company where you originally leased your vehicle from to avoid any penalty fees. Regardless of whether a company allows for it or not, you are still in charge of paying off of your entire principle, as well as any damage fees/extra mileage fees.
Conflicted on whether to lease or buy a car near Dallas? Learn more about the pros and cons of leasing and buying a car. If you already have a leased car from us and are wondering about returning a leased car early, don’t hesitate to reach out to us at Momentum Alfa Romeo.
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