Whether you just got a new job across the country, simply want to upgrade your ride early, or have encountered another life change, there are lots of reasons you may want to end your lease early. Our team at Northside Imports Houston put together this guide to help you through the process of an early lease return near Cypress, Texas.

Pick Your Early Lease Return Option

Depending on the reason you want to end your lease early, the timeframe you’re working with, and your specific lease agreement, there are a few different ways to proceed when you want to return your lease early. When making your decision, consider your current monthly payments and the time remaining on your lease.

If you want to end your lease as quickly as possible, review your contract and contact the leasing company to find out how you can terminate your lease. In this case, you will usually pay the difference between the value of the car in its present condition and the balance remaining on your lease.

On the other hand, if you have more time, or want to return your lease for different reasons, you may have a few more options you can consider, such as:

  • Exchanging your lease for another model that will better suit your needs. In this instance, your old lease will then be rolled over into your new one.
  • Finding a friend or family member to take over your lease for you.
  • Buying the lease to make it officially your own.

If you want to end your lease early and keep the vehicle, there is usually a buy-out option outlined in your agreement. Another option when buying your lease is to then sell it yourself to a private buyer.

Gather the Keys, Equipment, & Documents

Regardless of which way you choose to end your lease early, you’ll need to prepare it for return. Gather your extra set of keys, the contract, your service records, receipts for any repairs, the owner’s manual, and any special equipment, such as entertainment systems, that came with the lease.

Prepare Your Lease for the Return Inspection

To get your lease ready for the drop-off, you’ll want to conduct your own inspection. If any of the tires have worn down past the indicated limit outlined in your lease agreement, be sure to replace them before you return the vehicle.

Bring the vehicle to a car wash to clean the exterior or do it at home. Clean and vacuum the interior and remove all your personal belongings. Another option is to hire a professional to detail your model for you before returning it.

Return Your Lease Early near Cypress TX Today

At our dealership, we want to make your early lease return as simple and straightforward as possible. If you’re returning your lease and are interested in leasing or buying a different model, we’ll gladly help you through each step in the process.

Now that you know more about what your early lease return options might be, you can make an informed decision. If you have any additional questions, don’t hesitate to contact us at Northside Imports Houston. If you feel ready to return your lease, then we invite you to visit our lease drop-off center today!