The appraisal process takes less than 30 minutes and is complimentary
No matter how far or close you are to the end of your lease, we are able to determine the value and settle whether you owe or your vehicle has positive equity. If it does have equity, you can walk away with the settled payoff amount, or use your equity for a down payment on your next lease.
There are many benefits to turning in your lease early. If you are currently on pace to exceed your mileage limit, you can avoid paying the overage fees. Also, by turning it in early, your car will still be within warranty, so you can avoid exposing your vehicle to expensive repairs once the warranty does expire.
First, we run your Vehicle Identification Number (VIN) through the market report to determine its current value. Then, we contact the lease company or bank to determine the payoff of your vehicle. Finally, we match the two numbers to determine if the value is equal to or greater than the payoff. Many customers are happy to be rid of their lease and never even ask about positive equity.
Your bank, with which you are under contract, determines the qualifications for “excess wear and tear.” These qualifications normally include, but are not limited to the following: paint damage, dings and dents, cracked windshields, damage to seats or other visible items, tires that do not meet the tread depth, curbed or damaged vehicles, and missing items such as keys.
First, we need your Vehicle Identification Number (VIN) and mileage so we can get an accurate value of your vehicle. Second, we need your account or bank number so we can assess the payoff from the bank.
Whether you are simply trading in your lease or looking to lease a new vehicle, you can come straight to the dealership and we will handle the entire process. If you want to save time, you can fill out the EZ Form and we will contact you for an appointment and appraisal amount.
No. We can handle any make and model lease return, regardless of where your signed your original lease agreement. Plus, we are always in need of quality used cars.
No, the choice is yours. Unless you owe more than your vehicle is worth, you can walk away with the settled payoff amount, or you can lease a brand new vehicle. Of course, even if you owe, there are options to avoid out-of-pocket expenses.
You would have to decide whether you would want to stay in your lease or pay to get out. Either way, we can help you with multiple options so you can make the right decision for your budget.
In most cases, you are contracted to pay all payments whether you use the miles or not. In some instances, however, your contract may have special circumstances that allow for a credit if you purchased excess miles and do not use them.