There comes a point when your lease is almost at its ends and you might be wondering: What's next for you?
Here at Hanlees Davis Toyota, we'll provide you several choices for you to choose from.
Option 1: Purchase lease vehicle.
It's reliable, still boasts peak performance and has been with you through thick and thin. Choosing this option allows you to continue benefiting from your lease vehicle's reliability, performance, and high resale value. So, there is no need to have it inspected as there's no excess wear and use or excess mileage changes to worry about. Low financing rates and extended protection plans are available for lessees who wish to purchase a leased vehicle. Contact the originating dealer in order for them to review the details of your lease agreement with you and provide any required documentation.Option 2: Lease return.
Selecting this option means that your lease concludes when you turn in your Toyota to us. Though during the last two months of your final payment, you are required to schedule a free vehicle inspection. This is to determine the condition of your vehicle. Should there be any necessary repairs, your local Toyota dealer can often help with cost-effective repairs if needed. Be certain to keep all of your receipts for repairs made, and see your insurance policy for coverage. Check out Toyota's Wear & Use Guidelines: You maybe charged for exceeding normal wear and use. Schedule a turn-in appointment with the originating dealer to return your Toyota vehicle. And make sure to bring the following: Odometer Statement, keys, Ownerās Manuals and all original equipment. An independent inspection company will perform a final inspection after you turn in the vehicle. Remember to pay outstanding balances and cancel electronic payments. Once your independent inspection is complete, charges may be due if your vehicle exceeds normal wear and use or mileage limits. TFS will send a final statement after the leased vehicle is returned.Option 3: Purchase new lease.
Perhaps youāre eyeing a new Toyota vehicle, or maybe you want a brand-new edition of what youāre driving now. Regardless, be confident that you have choices. Begin your vehicle search. Visit your originating dealer, or toyota.com, to view the complete Toyota lineup. You can also find local specials and estimate monthly payments. Go for a test drive. Once youāve selected your perfect model, take it for a test drive at your Toyota dealer. Schedule a turn-in appointment with the originating dealer to return your Toyota vehicle. And make sure to bring the following: Odometer Statement, keys, Ownerās Manuals and all original equipment. An independent inspection company will perform a final inspection after you turn in the vehicle. Remember to pay outstanding balances and cancel electronic payments. Once your independent inspection is complete, charges may be due if your vehicle exceeds normal wear and use or mileage limits. TFS will send a final statement after the leased vehicle is returned.Contact
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