Subaru Lease Returns
As your lease term comes to a close, you're presented with a few important choices. Whether you're ready to upgrade to a new Subaru, keep your current vehicle, or return the lease, Camelback Subaru is here to help guide you through the process.
Option 1: Trade-In for a New Vehicle
When your lease ends, you have the chance to upgrade to the latest models available. By trading in your current leased vehicle, you can smoothly transition into a brand-new ride.
View Our New Inventory
Benefits of Leasing Again:
Access to the Latest Models: Drive the newest cars with the latest features and technology.
Reduced Maintenance Costs: Many lease agreements come with maintenance plans, saving you on out-of-pocket expenses.
Potentially Lower Monthly Payments: Depending on various factors, your new lease payments may be comparable to or even lower than your current ones.
Option 2: Buy Out Your Lease Vehicle
If you've become attached to your leased vehicle and want to keep it, buying it out is a great option.
Is a Buyout Right for You?
Vehicle Condition: Assess your car's condition, taking into account mileage, wear and tear, and any potential repair costs.
Market Value Check: Research the current market value to understand the vehicle's potential resale value in the future.
Financial Considerations: Weigh the total cost of ownership-including payments, interest, and depreciation-against the buyout price.
Option 3: Return Your Lease
If you're ready to part ways with your leased vehicle, returning it is a straightforward process.
Pre-Return Inspection:
Timing: Schedule a pre-return inspection a few weeks before your lease term ends.
Process: A representative will inspect your car for excessive wear, interior damage, and exterior issues.
What to Expect: The inspector will assess your vehicle's condition according to the terms of your lease agreement.
Returning the Vehicle and Possible Charges:
When you return your vehicle, be sure to bring the original lease agreement, all keys, the owner's manual, maintenance records, and any accessories that came with the car.
Mileage Overages: If you've gone over the agreed-upon mileage, you may incur a per-mile charge.
Excess Wear and Tear: Damage beyond normal wear and tear, like scratches or dents, could lead to extra charges.
Disposition Fee: This fee covers the administrative costs of processing the returned vehicle.
As your lease ends, take time to consider your options. If you're excited about driving the latest models and appreciate the flexibility of leasing, trading in your current vehicle is a fantastic way to upgrade. If you're fond of your current vehicle, buying it outright could be the right choice. Or, if you're ready for something new, returning the lease is a hassle-free solution.
For more information about your lease return options, contact us or visit the Subaru website.
