Lease Return Options

Lexus Lease Returns

As your lease term nears its end, it's time to consider your next steps. Whether you're looking to upgrade to a new Lexus, keep your current vehicle, or return your lease, South County Lexus is here to ensure the process is smooth and stress-free.

Option 1: Trade In for a New Lexus

At the conclusion of your lease, you can step into the latest Lexus models with ease. Trading in your leased vehicle provides a hassle-free transition to a brand-new car.

Why Lease Again?

• Access to the Latest Models: Enjoy cutting-edge Lexus features and the newest technology.

• Reduced Maintenance Costs: Many leases include maintenance plans, helping you save on routine upkeep.

• Lower Monthly Payments: Depending on your eligibility and lease terms, your new lease payments may be comparable to or lower than your current ones.

Option 2: Purchase Your Current Lexus

If you've fallen in love with your Lexus, buying it outright might be the perfect choice.

Consider These Factors for a Buyout:

• Vehicle Condition: Assess wear, mileage, and any potential repairs your car may need.

• Market Value: Compare the vehicle's current market value to its buyout price to evaluate resale potential.

• Financial Considerations: Review the total cost of ownership, including the buyout price, interest, and depreciation, to ensure it aligns with your budget.

Option 3: Return Your Lease

If you're ready for something new, returning your lease is a simple and straightforward process.

Pre-Return Inspection:

• Timing: Schedule an inspection a few weeks before your lease end date.

• Process: A representative will evaluate the vehicle for excessive wear or damage.

• What to Expect: The assessment will determine the car's condition based on your lease agreement.

Finalizing the Return:

When returning your vehicle, bring the following:

• Your lease agreement

• Keys and any accessories

• Owner's manual

• Maintenance records

Be Aware of Potential Charges:

• Mileage Overages: Fees may apply for exceeding the mileage limit.

• Excess Wear and Tear: Additional charges may be assessed for damage beyond normal use.

• Disposition Fee: This fee covers the administrative costs of processing your lease return.

As your lease draws to a close, take time to weigh your options. If you're excited about the newest Lexus models and ongoing leasing flexibility, upgrading is a great choice. If you cherish your current car, purchasing it may be ideal. Or, if you're ready for a change, returning your lease is an easy and stress-free option.

For more details about lease return options, contact us or visit the Lexus website today.