Visit the Lease Return Center at Fletch's of Petoskey
While the process of leasing a new vehicle is typically quite simple, returning your leased vehicle can be tricky if you aren't properly prepared. Fortunately for drivers around Traverse City, Fletch's of Petoskey is here to help at every step. We'll walk you through the entire lease end process, starting 30 days before your lease end date to ensure that your lease return goes smoothly and there are no unpleasant surprises.
What To Do Next
You'll have three basic options for what to do next when it comes to ending your current vehicle lease.1. Lease Something New
The first is simply leasing something new from us, so you can drop off your current leased vehicle and drive away in something new in the same day. It's simple, straightforward, and because you're already working with the finance company you'll have far fewer hoops to jump through.
2. End Current Lease
Alternatively, you can end your current lease and move on to something else. Whether that's a vehicle from another brand or you're just downsizing your driveway for a while, we'll be sad to see you leave but we'll always be just down the road from Cheboygan and Gaylord to help should you ever need it.
3. Buyout Current Lease
Finally, you can buyout your current lease and continue driving your current vehicle. This will convert your lease into a traditional financing agreement, so you'll have equity in the vehicle and will own it outright once payments are sorted.
30 Days Before Your Lease Return
You're in the final month of your lease now, and it's time to start thinking about returning your vehicle to avoid any penalties. At this point, you'll want to schedule your lease end inspection with our dealership. At this appointment, our team will go over the vehicle with you to uncover any damage beyond typical wear and tear. If anything needs to be repaired or replaced, we'll let you know so you can have it taken care of before you have to deal with a lease end penalty. In addition, we'll calculate your mileage and let you know if you have incurred any overages that will cost you extra when it's time to end your lease. By the end of this process, you should have all of the information you need to move forward and decide what to do next when your lease-end date arrives.
30 to Zero Days Out
Your lease end date is approaching ever closer, so it's time to explore your options for what to do next. If you're planning on getting into something new, now is the time to be going on test drives and figuring out which of our new models you like and start structuring your next lease agreement. At this stage, we could even pull ahead your lease deal to help you get into your next vehicle sooner, but either way we'll help you get your next lease started before your lease end date arrives.
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Lease-End Date!
Today's the day, and you're ready to return your lease to our dealership near Sault Ste Marie. Just bring the vehicle to our dealership and we'll complete the final lease end paperwork so you can move on to whatever is coming next. If you have any damage or mileage penalties, you'll have to provide payment for those at this time, so be sure you're prepared for whatever those charges might be.
Contact UsLease End FAQs
- What kind of damage warrants a penalty?
- Damage beyond normal wear and tear including dents, broken panels, holes and stains in the upholstery, etc..
- How much extra will damage cost on a leased vehicle?
- This answer to this depends on the type and nature of the damage, which is why a lease end pre-inspection is an important step.
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Fletch's GMC Buick Audi
805 Charlevoix Avenue
Petoskey, MI 49770
- Sales: (231)-347-9651
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Fletch's Buick GMC
805 Charlevoix ave
Petoskey, MI 49770
- Sales: (800) 491-5693
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Audi Petoskey
825 Charlevoix Avenue
Petoskey, MI 49770
- Sales: (231)347-9651
