Toyota Lease End Options and Process
At Findlay Downtown Toyota Spokane we are devoted to making your end-of-lease process as easy and enjoyable as possible. We have provided a timeline guide below for what to expect, and steps you should consider taking in the last 6 months of your lease to prepare for the lease-end process. We are also providing you with links to additional research material outlining each lease-end option, so you can make an educated decision on which option will be best for you. Learn more about buying your leased vehicle, the lease return process, lease trade-in option, and the lease pull ahead program.
Our Certified Toyota Salesmen are always available to answer any questions you have along the way and help you throughout the entire lease-end process. Give us a call at (877) 413-5871.
Lease End Timeline
How far out are you from your lease end date?
It's time to start thinking about your options and deciding what you want to do with your current lease.
The first think you need to think about is if you want to keep your current vehicle or get something new. Many people build a bond with their car and decided that they don't want to give it up at the end of their lease, while others want something new to keep up with the current technology and features, or just need something bigger to carry their growing family. This can be a hard decision, that's why it's time to start thinking about your options now so you will be ready on your end of lease date.
Option 1: Keep Your Car
You have decided that you want to keep your current car and we have great news for you! You will be able to purchase your current vehicle at the end of it's lease. Click the button below to learn more about the lease purchase option.
Learn More About Purchasing Your Lease
Option 2: Return Your Lease and Walk Away
You have concluded that you want a fresh start that maybe doesn't include a New Toyota. This is a great option if your current vehicle doesn't have any leased car equity and is in decent shape with minimal to no excess miles. Click the button below to learn more about the process for returning your lease.
Leased Car Equity is when your leased vehicle has a market value greater than then Residual Value that was given in your lease terms. If your current vehicle's value is less than it's residual value, you should consider returning your lease over trading it in.
Option 3: Trade-In Your Lease & Purchase or Lease a New Car
You have decided you want something new and don't want to keep your current lease but when should you consider Trading In your vehicle instead of returning in?
- If your leased vehicle has leased car equity - has a market value higher than it's Residual Value.
- It its Turn-In situation is not ideal - has excess damage or milage that could accrue high return fees.
Learn More About Trading In Your Lease
You are now 4 months our from your lease ending. It's time to start preparing for the end of lease process.
- Schedule your Pre-Return Vehicle Inspection to avoid any unexpected fees and expenses.
- This is also a good time to schedule a Trade-In appraisal if you are thinking about trading in your lease.
- Decide if you want to make any repairs.
- Schedule an appointment with us.
- Satisfy any Lease Liability Fees/Charges.
Your lease is due soon, have you decided what your next step will be?
You've spent the last few months researching your options and deciding on your next step, but have you picked out your next vehicle? Did you know, when you stay with Findlay Downtown Toyota Spokane for your next vehicle you may be eligible for loyalty rewards. Schedule an appointment with us today and we will gladly finalize your end of lease decision, and help you pick out your next vehicle.
Schedule Appointment View Current Offers
AdChoices