Leasing a vehicle is an excellent option for many drivers, but the process is also unfamiliar to many. This FAQ guide will help you get a feel for what needs to happen during and at the end of a lease.
How Do I Start a Lease?
If you’re interested in leasing your next vehicle, stop by Steve Austin's Auto Group to test drive some current models. Ask about incentives and current offers to get the latest information on what’s available.
What Happens When My Lease Ends?
When your lease is near its end, a GM representative will get in touch with you to explain your options. There are three ways to go — lease another vehicle, purchase the vehicle you were leasing, or just turn in the lease vehicle. At this time, the GM representative will also help you schedule your pre-return inspection. When you return the vehicle, remember the owner’s manual, extra keys, and any other items you were given at the start of the lease.
What is the Pre-Return Inspection?
Before you turn in your lease vehicle, you will need to schedule a pre-return inspection. This free inspection in done by an expert in order to review the condition of your lease vehicle. The inspector will look for any excessive wear and tear that could lead to additional charges. This inspection can help you to decide whether there are any repairs you should make to the vehicle before you turn it in in order to avoid charges for excess wear and use.
How Do I Check For Wear and Tear on My Lease Vehicle?
Your end of lease guide will come with a Wear and Use card that will help you determine which wear and tear is normal versus excessive. This card provides measurements that you can check against your lease vehicle. For instance, dents that measure less than 2 inches are generally considered normal wear and tear, as are scratches that are four inches or less and have not damaged the paint surface. On the interior, burns, permanent stains, and tears in the upholstery are considered excess.
Contact us at Steve Austin’s Auto Group if you have any other questions about starting a new vehicle lease.
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