Leasing 101: What to Do When Your Lease Ends

Nov 13, 2018

The staff at Classic Kia in Waukegan, IL is committed to serving all of our customers with top-of-the-line customer service. Sometimes that means talking to drivers about leasing vehicles instead of buying them. Leasing a new vehicle can be a great option for some, but it comes with some strings attached.

#1 Know Your Lease Terms

One of the most important things that drivers need to keep in mind when they’re leasing a vehicle is the specific terms of the agreement. Some of the most significant terms to remember are your mileage allotment and your lease date. When you know these two things you can be better prepared to turn in your vehicle in the right condition.

#2 How to Return Your Vehicle

If you decided not to buy the vehicle you leased and are going to exchange your vehicle instead, there are a few things to do beforehand. Take your vehicle to get inspected about a month before your lease ends. The inspector will check your vehicle and give you an itemized list of all the major and minor damages they find. At this point, you can pay to get these fixed on your own, or you can talk to your dealer about the cost of the damages. If you notice that you’ve gone way over your allotted mileage, it might be better to buy out your lease instead of incurring the cost of those extra miles.

#3 Final Steps

The day before you return your vehicle make sure to remove all your personal belonging from the inside. Be sure to remove any stickers or decals and to get your vehicle detailed before bringing it into the dealership. Remember, you want your leased vehicle to look like you just drove it off the lot!

Visit our Waukegan Kia dealership to learn more about how to return a car at the end of a lease today!