Lease End Options

WELCOME TO THE LEASE RETURN CENTER AT FOX CHEVROLET

Our dealership knows that the end of a lease agreement can bring forth many questions. After all, you want to make sure that you know your options, as well as how to end your lease successfully. When you are left out on your own, it can feel like you have no where to turn to get answers to questions you may have about leasing. Luckily, you are not alone. The lease return center at Fox Chevrolet, located at 725 S Rochester Road in Rochester Hills, MI, is here to make ending your lease agreement simple and easy.

CHEVROLET LEASE RETURN PROGRAM

Are you thinking about ending your vehicle lease early in Rochester Hills? If so, bring it to us. Our knowledgeable and skilled team is more than ready to help you discover how you can easily end your lease early. You do not need to handle this alone. Come to us, and we can guide you in the right direction.

HOW WE CAN HELP

While the two processes are similar, ending a lease when the lease is up and ending it early do differ in a few ways near Troy. For one, ending a lease early can come with consequences if you do not go about it the right way. Trying to figure out how to come out the other end benefitting from ending it early isn't easy on your own. When you bring your lease to our dealership, that changes. We can support you during the whole journey. Our dealership can provide useful resources, a knowledgeable team to work with, and so much more. The benefits of working with us are boundless.

LOOK AT YOUR OPTIONS

The first step to ending your lease early is to understand what options are available to you. Each comes with its benefits and its pitfalls if you are not careful. Here are some of the most common options available to you:

• Return Your Vehicle: This is the most straightforward option of the bunch in Sterling Heights. If you can afford it and need to return your leased vehicle, this may be the option you want to take. All you have to do is return your vehicle and then pay the penalties that come with it. Beware of these penalties, however, as they could be more than you expect.
• Transfer Your Lease: Transferring your lease to another person is one of the most popular ways of ending a lease early. Most leasing companies allow you to transfer it. However, we stress that you should also be wary that you may still technically be on the contract. This means you may be liable if the other person stops making payments. And there will be a transfer fee.
• Sell or Trade Your Vehicle: An early buyout is another option near Warren. First, find out the buyout amount on your vehicle from the leasing company. If feasible, you can buy your vehicle and then sell or trade it to a willing buyer. Keep in mind that if you choose this route, you may end up paying taxes and more.
• Ask the Leasing Company for Solutions: A fourth way to end your lease early is to ask the leasing company for help directly. For instance, if you are in financial trouble, you can request a temporary payment relief on your vehicle. Or you can discuss other solutions that benefit all parties involved.

THINGS TO BE WARY OF

As mentioned, ending a lease early brings its unique risks around Southfield. We advise our customers to take the time to understand how each solution can affect them and their wallets. Schedule a time to meet with us to find advice and more.

SCHEDULE AN APPOINTMENT TO MEET WITH US

Often, talking face-to-face with an expert can be an easy way of figuring out how you should end your lease early. Take the time to schedule an appointment with one of our team members near Shelby Township. You will not regret it. We can help you out. Learn what each solution entails and which one will benefit you the most. If you have any questions that you need answered before you visit us, let us know.