Customers that currently lease a vehicle are eligible for additional discounts and rebates at any one of our dealerships. Not only will First Team help you process the end of your lease for no charge, they will also help you find your next vehicle and provide exclusive discounts.
Still in love with your vehicle? We understand! First Team will help you through the process of purchasing your lease vehicle. First Team will take care of all of the paperwork and find the best terms for your loan.
Did you know that you may have some equity in your leased vehicle? That means it may be worth more than what the purchase option price is. First Team will make this easy by making you an offer to purchase your vehicle.
If you no longer need another vehicle, already purchased something else, or just want to turn in your lease- First Team is here for you.
Take a good walk-around of your car. Bumps and bruises happen, and often without knowing that it happened. Look for scratches in which the paint was damaged, dents and even missing pieces. If you find something, do not fix it without talking to First Team. Some items may not be charged against you at all so you could spend money unnecessarily. Also, First Team can help you determine if there would be a charge to you-and what that may be. Remember: Wear is normal, the concern is for excessive wear. This will help you make a financial decision – so you know if it is worth your time and money to make a repair. (They also may offer to purchase the vehicle as-is).
Make sure you have made all of the payments made, and there are not any miscellaneous fees owed to Financial Services. If you are not sure, First Team can help you to verify this.
If you are not sure, contact your local Department of Motor Vehicles to determine if your state requires license plates to be returned at the end of your lease.
You will likely receive a call from AutoVin to schedule a complimentary inspection of your vehicle. This is not required, but may provide you some peace of mind if you have time for it. This usually occurs between 15 and 60 days from the date of the lease ending.
The easiest rule to remember, in returning your vehicle is “Dirt doesn’t hurt”. While it is appreciated to have the car free of debris, and cleaned, it is not necessary. Dirt is part of regular wear and use, tears inside the vehicle and stains are different of course. If this has happened to your vehicle, First Team can help you understand if it needs to be fixed, and how to best accomplish that.
It is normal as well, over the course of ownership, for items that came in the vehicle, to get displaced. Here is a simple check list of items you will want to make certain are still in the car when you return it.
2 sets of keys, Owner’s Manual, Toolkit/Spare Tire/Jack, Floormats
Any original equipment that your vehicle had when it was made, (radio, headrests, 3rd row sear, cargo covers etc)
On the day of the return, make sure you check your vehicle for items that belong to you. Doing a careful search of the vehicle will help. Be sure to look for items like garage door openers, CDs/DVDs, documents in the glovebox and phone chargers. Open all of the compartments, and don’t forget the pockets behind the seats and spaces under the seats. First Team will let you know if they find something in the vehicle, but we would hate for you to lose anything that is well hidden.
Also make sure that you clear your personal settings from the Radio system and deprogram the integrated garage door opener if you have one. If you are not sure how to do that, just let First Team know and they will handle it for you.
To ensure that your time is best utilized, it is recommended that you set an appointment for the lease return. This helps First Team ensure that they can take care of you return quickly and efficiently. First Team will be glad to answer any questions that you have and will help you be confident about the return and knowing if there are any other costs that may exist-as well as help you avoid those added costs.
When you arrive, you will get to meet the expert Vehicle Lease Return Team. They will talk to you about the process briefly, and explain what to expect. Then they will walk around your vehicle, look for items that could be a concern, and will notate how many miles the vehicle has. Next, there are a couple of simple forms that will need your signature, such as an Odometer statement to acknowledge the current miles. The process is pretty quick.
Keep in mind, this is NOT a meeting with a sales professional. They are there only to help you with your vehicle lease return.
First Team will notify Chevy Financial Services that your leased vehicle has been turned-in. If you decided not to complete a voluntary inspection with AutoVin, an inspection will be completed at First Team within a few days of returning your vehicle.
Vehicle Financial Services will send you a Lease End Invoice, after the inspection, if you have any unpaid payments, late fees or miscellaneous charges. If there is EXCESSIVE use or wear on your vehicle, or if you have exceeded the allotted miles, that will be included on the invoice as well as a Disposition Fee if applicable. If you paid a security deposit when the vehicle was first leased, that will be returned to you via mail. Remember that Vehicle Financial Services, under certain circumstances, may not charge for excess wear and use damage.
Lastly, if you had set-up automatic payments with Vehicle Financial Services, you will want to cancel those.
As an appreciation of your Loyalty with Vehicle Financial Services, CFS will waive the Disposition Fee (up to $350) if you:Replace with a New or Certified Toyota or Lexus financed or leased through a participating Toyota or Lexus dealer and CFS within 30 days before or after return.2
Or have had three or more Vehicle Financial Services.2
2 delays in termination, often as a result of delayed grounding or early return with remaining payments still due, may prevent cFS/LFS from applying the waiver prior to billing. Due to statutory requirements, customers who originated in NJ may receive a bill for a disposition fee prior to the application of the waiver. Disposition fee may be waived in other circumstances.
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