Returning a Leased Car

Woman handing over car keys

 

Whether you have your eye on a new Honda or you’re nearing the end of your lease term, you may be wondering about the steps for returning a leased car. You’ll be happy to know returning a leased car doesn’t have to throw a wrench in your plans. With the Victory Honda of Muncie finance center, learn about the steps for how to return your leased car, and find the answer to your question, “can you return a leased car early?” Contact our team if you have any car financing or leasing questions.

 

 

Preparing to Return a Leased Car

If your lease is ending or you’re considering returning a leased car early, you’ll want to ensure you have all the necessary items. Before heading to a Fishers-area dealership, be sure to bring these items with you:

  • Vehicle inspection report
  • Repair receipts
  • Keys/spare keys
  • Owner’s manual
  • Maintenance records

If some of these items are difficult to track down, we may be able to look them up for you. Reach out to us if you have any questions before returning your leased car.

How to Return a Leased Car

Once you’ve gathered the necessary materials, returning your car is as simple as delivering it to the dealership. Even if you’ve leased your vehicle from another dealership, you’re able to return your lease to Victory Honda of Muncie. Let’s take a look at the return process at the dealership:

  1. Stop by the dealership to drop off the vehicle.
  2. Our technicians will inspect the interior and exterior for damages and other factors.
  3. If you’ve gone over the agreed-upon mileage restrictions or have built-up wear and tear, any additional fees will be calculated.
  4. After the return process is complete, you’re able to upgrade to a newer model for lease, buy out and take home your current leased vehicle, or browse our inventory of new and used vehicles for sale.

Can You Return a Leased Car Early?

You’re not out of luck if you’re wondering, “can you return a leased car early?” While most companies allow you to consider returning a leased car early, you should check the specific terms of your leasing company. Keep in mind that returning your car doesn’t remove your obligation to the amount still owed. Any penalty fees and balances will need to be settled, however, you’ll no longer be responsible for monthly lease payments. Once you’ve returned your leased car early, you’re still able to consider upgrading to a newer lease model for your Carmel commutes.

Buy or Lease Your Next Vehicle from Victory Honda of Muncie!

Your lease doesn’t have to hold you back from finding a model that fits your lifestyle. Reach out to the team at Victory Honda of Muncie if you have questions about returning your leased car. When you’re ready to start your Muncie trips in a new model, compare the benefits of buying vs. leasing, and take advantage of our available specials.

 

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Victory Honda of Muncie 40.2171052, -85.4457904.