Buick & GMC Lease Returns

Buick & GMC Lease Returns

As your lease period comes to a close, you have several important choices to make. Whether you're looking to upgrade to a new Buick or GMC, keep your current vehicle, or just return your lease, we're here to guide you every step of the way.

Option 1: Upgrade to a New Vehicle

Once your lease ends, you can trade in your vehicle and upgrade to one of the latest Buick or GMC models. This allows you to transition into a brand-new ride smoothly.

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Perks of Leasing Again:

  • Stay Up-to-Date: Enjoy the latest technology and features with each new lease.
  • Lower Maintenance Costs: Many lease agreements include maintenance, reducing your out-of-pocket expenses.
  • Potential for Lower Payments: Your new lease could have comparable or even lower monthly payments depending on the terms.

Option 2: Purchase Your Leased Vehicle

If you've grown fond of your vehicle, you can choose to buy it at the end of the lease.

Is a Buyout Right for You?

  • Assess the Condition: Consider any wear, mileage, and upcoming repair needs.
  • Check Market Value: Research your vehicle's current market worth to see how it compares to the buyout price.
  • Financial Considerations: Compare ownership costs, including monthly payments, depreciation, and interest, against the buyout price.

Option 3: Return Your Lease

The process is simple and straightforward if you're ready to return your vehicle.

Pre-Return Inspection:

  • Schedule in Advance: Plan an inspection a few weeks before your lease ends.
  • The Inspection Process: A representative will check for excess wear and tear or damage.
  • What to Expect: The inspector will assess your vehicle according to the lease agreement terms.

Finalizing the Return & Possible Fees:

  • Mileage Overages: Additional charges may apply if you exceed your mileage limit.
  • Wear & Tear Fees: You could incur costs for damage beyond everyday use.
  • Disposition Fee: A fee to cover the administrative process of returning the vehicle.

As your lease term comes to an end, consider your options carefully. Whether you're looking for a new model, want to keep your current vehicle, or are ready to move on, we're here to help.

To learn more, reach out to us or find the Buick & GMC lease-end guides when you visit the GM website.

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