Lease Return Options

FIAT Lease Returns

As your lease term comes to a close, you'll need to make a few important decisions. Whether you're looking to upgrade to a new FIAT, keep your current vehicle, or just return the lease, we're here to help you through the entire process.

Option 1: Trade-in for a New Vehicle

Once your lease ends, you can upgrade to the latest models on the market by trading in your leased vehicle and transitioning smoothly into a brand-new one.

Benefits of Leasing Again:

• Access to the Latest Models: Stay behind the wheel of the newest technology and features.
• Reduced Maintenance Costs: Most lease agreements come with maintenance plans, reducing your out-of-pocket expenses.
• Potentially Lower Monthly Payments: Depending on several factors, your payments on a new lease could be similar or even lower than what you currently pay.

Option 2: Purchasing Your Lease Vehicle

If you've become attached to your current vehicle, buying it outright is another option to consider.

Is a Buyout Right for You?

• Vehicle Condition Assessment: Carefully evaluate your vehicle's condition. Consider mileage, wear and tear, and any potential repairs.
• Market Value Check: Look up the current market value of your vehicle to gauge its future resale potential.
• Financial Considerations: Weigh the total cost of ownership, including monthly payments, interest, and depreciation, against the buyout price.

Option 3: Returning Your Lease

The return process is simple and straightforward if you're ready to move on from your leased vehicle.

Pre-Return Inspection:

• Timing: Schedule an inspection a few weeks before your lease is up.
• Process: A representative will check for any excess wear and tear, interior damage, or exterior scratches.
• What to Expect: The inspector will compare your vehicle's condition to the standards outlined in your lease agreement.

Finalizing the Return and Potential Charges:

• When returning your vehicle, bring along your original lease agreement, all keys, the owner's manual, maintenance records, and any accessories that came with the vehicle.
• Mileage Overages: There may be a per-mile fee if you've exceeded the agreed-upon mileage limit.
• Excess Wear and Tear: Any damage beyond normal wear and tear, such as dents, scratches, or stains, may incur additional charges.
• Disposition Fee: This fee helps cover the administrative costs of processing your returned vehicle.

As your lease term comes to an end, take a moment to review your options. If you're excited to drive the latest models and enjoy the flexibility leasing offers, trading in your vehicle is a great choice. If you've grown attached to your current car, purchasing it outright might be the right move. Or, if you're simply ready to move on, returning your lease is a hassle-free option.

For more information on lease return options, feel free to contact us.