Returning A Leased Car at Marlboro Nissan
If your lease is ending soon and you aren’t sure what the next steps are, Marlboro Nissan has got you covered!
When your lease ends, you can bring your car to our dealership and one of our managers will complete an inspection of the car. There may be possible damage, wear & tear, or any mileage over the allowed amount that will need to be documented to determine possible fees. There are 2 options to consider when you return your leased vehicle.
Option 1: Lease Buyout
At the end or your lease, you have the option to purchase that vehicle. You have the right to purchase the vehicle at the price of the contracted residual value that was calculated at the time when you signed your lease. When you buy out your lease, you end the relationship with NMAC and the car is entirely yours now. If you plan to finance your lease buyout, many customers qualify for similar monthly payments they had when they were leasing the car. This is a popular option among our customers, as a lot of times it is beneficial for them to buy out their lease.
Option 2: Finance or Lease New Vehicle
If you didn’t like the car you leased previously, then you can decide to finance or lease another new Nissan. We have an abundance of new inventory you can choose to upgrade to your next vehicle! Our team is here to help during the whole process and can help guide you to making the best decision. Buying or leasing a car can be a tough decision, but you can always contact our Finance Department with any questions!
Returning A Leased Car: Being Prepared
Make sure to bring/have the following items with you when you return your vehicle to end your lease:
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Keys/Spare Keys
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Owners Manual
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Maintenance Records
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Inspection Reports
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Repair Receipts
Please reach out if you have any questions!