The Process of Returning a Leased Car

If your lease term is ending soon, but are even considering returning a lease car early, then there are few things you’ll want to keep in mind before you bring home your next Mamaroneck ride. First, check with your leasing company to see if they offer the option to end a lease early on a new car, which means you won’t have to make monthly lease payments but will still make you responsible for paying off the owed amount, such as any penalties and other fees. Learn more about the process of returning a leased car early or if it even has damages from the expert team at BMW of Mamaroneck today!

What to Bring When Returning a Leased Car 

Returning a leased car to our dealership around Harrison requires all of the proper paperwork needed to make this transition as seamless as possible. You’ll need to have a few necessary items or if you’re missing certain documents our team is here to help. These include the following:

• Vehicle inspection report
• Repair receipts
• Keys/spare keys
• Owner’s manual
• Maintenance records

Steps of Returning a Leased Car Early

Can you return a leased car early? Of course! After you’ve collected all the proper materials needed, here are the simple steps to returning a leased car early or on time at BMW of Mamaroneck below:

1. You’ll drop off your vehicle at our dealership. 
2. One of our specialists will inspect the vehicle for damage, overall quality, and other important factors. 
3. Any extra miles on the odometer that exceed the restrictions or any wear and tear are subject to penalty fees. 
4. Once the inspection process of your vehicle is complete, you can upgrade to a newer model for a new lease, buy out your current leased vehicle, or walk away and go for any of our new or used vehicles. 

Returning a Leased Car With Damages

You may have a bit of damage to your leased vehicle, so what happens now? Returning a leased vehicle with damages is possible but there are several things you’ll need to do when you consider this option. First, you may be simply charged for the damages and have it rolled over into your next lease plan. It’s also crucial that you file a report of the damages to your insurance company so that they can provide an estimate and have records of the suggested repair costs. Some of the services may be covered under your policy but be aware of a slight rise in your premium. 

Learn More About Returning a Leased Car at BMW of Mamaroneck

Now that you’ve got an idea about returning a leased car early or with damages, take the next step to swap out your ride for a new upgrade on New Rochelle roads. Find more helpful finance tips at BMW of Mamaroneck and explore savings on your next ride with our rotating new vehicle specials or national offers and incentives. Speak with our sales team if you have any questions or contact us today to schedule your test drive at our dealership right here in Mamaroneck!