Sometimes, even the best laid plans can go awry. This can mean anything from stopping at the coffee shop because you ran out of creamer and forgot to pick up more to having to return your lease early. If you find yourself in the latter situation, let us give you a hand.
If you need an early lease return near Ambrose, Georgia, our team has put together just the thing for you. We here at Albany Motorcars want you to be fully informed when it comes to returning your lease early, so read on to learn what to do when you need or want to return your lease early.
When you want to return your lease early, the process is similar to returning it on time. Make sure the car is clean inside and out—remember, your lease holder may charge extra for anything more than just standard wear and tear, so take care to give it a good cleaning.
Make a note to remove all your personal belongings—you wouldn’t want to lose your spare car charger because you left it in the backseat pocket of your lease. Another thing you can do ahead of time is put all your documents in one place or a in singular folder for easy access.
Options When You Want to Return Your Lease Early
Now that the car is clean, you have all your documentation, and you’ve put away the box with all your personal things, you’ll have three ways of getting out of your lease…
Early Lease Termination: This option entails simply returning the car early and paying off the remaining balance of the lease at the time of return. Depending on your lease holder, you may have to pay an early termination fee.
Lease Transfer: This option varies from state to state, but it is allowed to transfer a lease in Georgia. If you want to go with this option, it involves transferring the lease to a new lessee. You may still have to pay an early termination fee, depending on your lease holder’s policies.
Lease Buyout: Much like early lease termination, this option involves paying the remaining balance. However, you’ll be paying the last of the balance on the car itself, not the lease. This is if you still want the car but want out of the lease.
Why Do You Want to Return Your Lease Early?
Since an early lease return could result in extra fees, it’s important to weigh the pros and cons. Ask yourself a few questions before you make the decision to return your lease early, such as:
Why do you want to return your lease early?
Are you moving to an area where you’ll be walking more instead of driving?
Does the car no longer fit your needs?
Did you lease a sporty coupe for the work commute, but your growing family needs more room?
There may be several reasons why you’d want to return your lease early, but the most important reason is yours.
Return Your Lease near Ambrose GA
If after reading this you’re still keen on returning your lease early, come and see us at Albany Motorcars. We’ll walk you through the process and also help you get set up with your new car or lease.
If you’re looking for early lease return near Ambrose, GA, visit us; we’re excited to meet you!
