Early Lease Return near Laurel MS
Leased a new car but ready to take it back? Maybe you no longer need that powerful set of wheels at your beck and call. If that’s the case or you’re a lessee looking for your next new ride, we’ve got good news: You’ve come to the right place. Our team at BMW of Meridian is here to walk you through your early lease return near Laurel, Mississippi.
From reasons as to why a lease might end early to preparing for it when it happens, we’ve got the answers. Keep reading for more information.
Reasons Why a Lease Might End Early
Our team knows that from time to time, your circumstances might change. There could be any number of reasons as to why a lease might be concluded prematurely. Regardless of the reasons, we’ll be here to assist. Our job is to streamline the process, so that it is easy and convenient for you.
Why might a lease end early, though? The reasons may vary depending upon the driver. Maybe you leased a compact car, but your family has grown since then. If that’s the case, you might be looking to opt for a larger vehicle, like an SUV, to fit whomever and whatever you might be carrying. Storage space for luggage is a factor, too.
Likewise, you could be moving to a metropolis. When this happens, many drivers find that public transportation is preferable to the cars you need to navigate suburban or other rural areas. It’s okay if you need to bring it in sooner, no matter the situation. Just talk to us about it.
Preparing for Your Early Return
If you know for a fact that you’re going to return your lease early, you’ve already taken the first step. Next, the best course of action is to contact the dealership that you originally leased from. When you do this, you’re telling them that you intend to end your lease early, so they’re aware of it.
Similarly, this will give you the chance to discuss the possibility of any additional fees that may be incurred by the premature conclusion of your contract. This way, nothing comes unexpectedly. To calculate an approximate figure for this cost prior to calling, keep in mind that the cost can be determined by the difference between the leased vehicle’s present value and your remaining balance.
After you do that, it’s time to get your documents together. These might include service records, receipts of repairs (if applicable), as well as a copy of your lease contract. Any belongings you might have in the car should be removed, and any objects that came with it—such as the owner’s manual or even floor mats—should be replaced in their original locations.
Bring in the keys, and the exchange will be wrapped up in a flash.
Buy Your Lease Instead
If you’re wondering about other options instead of your early lease return, we have great news! You can always opt for other opportunities, such as buying the lease you otherwise would’ve kept temporarily.
This is a perfect solution for those who really loved the vehicle they had taken on—you can make keeping it a reality! It’s likely that the car will be paid in cash or later financed with a car loan. However, if you’re curious about your options, our finance experts are available on site.
If trading your lease is a better option, that’s possible too. Transferring it can be done in some situations—just talk to us about it!
Return Your Lease near Laurel MS
Now that you know what to expect from the process, you know who to call when it’s time for your early lease return near Laurel, MS. Our team at BMW of Meridian is proud to assist drivers in the area with taking your ride back. Let us help you with finding the next car of your dreams.
Once you’re ready to begin your early lease return, get in touch with us. We’ll be waiting just around the corner.