When the end of your lease is approaching, it’s important that you understand what your options are so you’re not caught rushing at the last minute to make accommodations for vehicle arrangements. Although it’s important to be prepared, as we approach the end of your lease period, we’ll send you a series of mailers with options and obligations for you to review. If you have any questions during this period, feel free to contact us with any questions. Otherwise, review the information below to start preparing for the next step in the leasing timeline.
Three Main Options When Returning a Leased Car
When you’re returning a leased car, you have three primary options:
- Replace your current lease with a new leased INFINITI vehicle or take advantage of Loyalty Offers.
- Return your leased vehicle to our Englewood location.
- Purchase the leased vehicle. When you’re ready to purchase, find out about current payoff details by contacting finance.
INFINITI Lease Return Process
1. Schedule Your Pre-Return Inspection
At the end of your lease; an inspection takes place before you return the vehicle. We suggest having this inspection done as early as possible to prepare for any excess use or wear charges and give you time to review any repairs with our team. Sixty days before your end of lease date, we’ll send you a Guide to Chargeable Wear and Use that highlights the most commonly charged items to help mitigate any charges before your inspection.
2. Decide If You’re Making Repairs
If you discover any chargeable excess use or wear, decide with your insurance company if it’s more beneficial for you to repair these issues yourself before the return date. Afterward, make your appointment with us.
3. Complete Federal Odometer/Lease Termination Statement
Federal and state law require a signed odometer reading, which discloses and acknowledges the mileage left on your vehicle.
4. Satisfy Any Liability Fees or Additional Charges
Any liability fees incurred or additional charges due to wear, condition, or mileage must be satisfied to close the lease successfully.
Loyalty Offers
Before returning a leased car; we want to keep you as a member of the INFINITI family. If you decide to purchase or lease a new INFINITI, we’ll waive up to $500 in excess wear and use charges and your $395 disposition fee. This Loyalty Offer is valid for up to 30 days after initial lease termination. Check our specials to help you decide on a new lease vehicle.
INFINITI Lease Return Center FAQs
What happens if I’m returning a leased car early?
When returning a leased car early, which we hope doesn’t happen, you’re relieved of the responsibility for making lease payments. However, you’re responsible for early termination fees, remaining monthly payments, additional fees required to prepare the vehicle for resale, and any negative equity in the vehicle. However, you can avoid these charges if we buy out the lease or transfer the lease to another lessee. If you decide on the latter, you want to be sure the person taking over your lease has an income and credit score equal to yours.
Do I need to make repairs before returning my leased vehicle?
If excessive damage is incurred, you can make the repairs yourself. If you decide to take this course of action, save an itemized list of the repairs you make and provide it upon inspection.
Do I need to be present for the lease inspection?
you’ren’t required to be present as long as you authorize a representative to be present for you. They must be over 18 and be able to supply the inspector with the keys to the vehicle.
Lease a New INFINITI with INFINITI of Englewood!
If you have additional questions regarding returning a leased car, contact our finance department, and they’ll help you resolve any issues you might have.
