Lease End Options
If your lease is nearing its end for your Chrysler, Jeep, Dodge, or Ram, you will have to return it soon to an authorized dealership. If you bring it us to Performance Chrysler Jeep Dodge Ram, you will receive a $300 return incentive!
What Are Your Options as Your Lease Reaches Expiration?
Before your lease expires, it's a good idea to begin considering what your options, particularly if you have less than a year left in the lease. If you're unsure what to do, contact the financing experts in our Finance Center who can walk you through all of your options and what would suit your lifestyle best.
Here are some of your options:
1) Return your leased vehicle and buy or lease a new vehicle
This option is both convenient and lets you leave the dealership with another new vehicle. If you're interested in a new Chrysler, Jeep, Dodge, or Ram, contact our Columbus dealership to find out more about our latest models. When you return your car to us, you will receive a $300 incentive, so we encourage you to reach out to us two months before your lease expires so we can talk through the appropriate steps and arrange an inspection. An early inspection ensures that if you need any repairs before your lease expires, you have time to fix them.
What you will need when you return your leased vehicle:
- All keys to leased vehicle
- Owner's manual
- Maintenance records
- Vehicle Return Receipt and Odometer Disclosure Statement
- Vehicle Inspection Report
- Receipts for completed repairs, if any
To submit a request to be contacted about your lease, click here.
2) "Trade-In" your leased vehicle early - prior to the end of the lease term
If you're careful, your leased car will hold its value well, so you could be in an equity position relative to the residual you owe to the lessor. If this is the case, we can buy your leased vehicle for this remaining value, and we will transfer the equity toward the lease or purchase of your next new Chrysler, Jeep, Dodge, or Ram truck. Combined with our $300 return incentive and our lease specials, you could get your next car at a great price!
Call us today to see if your car could qualify for an early "Trade-In", and if you want to estimate the value of your car today, use our Value Your Trade tool!
To submit a request to be contacted about your lease, click here.
3) Return your leased vehicle to us even if you did not lease it from us
Your lease will conclude at the end of the term when you turn it into us. You will need to schedule a free vehicle inspection during the last two months of your lease. Having an inspection completed in advance of returning your vehicle gives you time to fix any needed repairs. You will be responsible for any outstanding payments, excess wear and use, excess mileage, and any other end-of-term obligations specified in your lease agreement. We will make it simple for you - just contact or visit us and we can take care of arranging the inspection and any necessary paperwork.
What you will need when you return your leased vehicle:
- All keys to leased vehicle
- Owner's manual
- Maintenance records
- Vehicle Return Receipt and Odometer Disclosure Statement
- Vehicle Inspection Report
- Receipts for completed repairs, if any
To submit a request to be contacted about your lease, click here.
4) Purchase your leased vehicle
If you have leased a new Chrysler, Jeep, Dodge, or Ram, chances are you have fallen in love with it. If you want to keep enjoying its dependability and its high resale value, you should consider purchasing your leased car. Another benefit of purchasing your leased car is that you'll avoid the necessary inspection and the additional charges involved with your lease's expiration. If you decide to buy your leased car, we are happy to offer low financing rates and extended protection plans to all of our Columbus customers!
You can contact us online if you want to discuss this option further, and we would be happy to process the paperwork on your behalf!