Lease Returns

Nissan Lease Returns

As your lease term comes to an end, it's time to decide your next steps. Whether you're considering an upgrade to a new Nissan, keeping your current vehicle, or simply returning your lease, Peoria Nissan is here to assist you every step of the way.

Option 1: Trade In for a New Vehicle

When your lease ends, upgrading to the latest Nissan models is an exciting opportunity. Trading in your current vehicle allows for a smooth transition to a brand-new car.

Benefits of Leasing Again:

• Drive the Latest Models: Enjoy Nissan's cutting-edge technology and features.

• Lower Maintenance Costs: Many lease agreements include maintenance plans, reducing out-of-pocket expenses.

• Potentially Lower Payments: Depending on your eligibility and lease terms, monthly payments may be comparable to or lower than your current ones.

Option 2: Purchase Your Lease Vehicle

If you've developed a connection with your Nissan, purchasing it outright might be the ideal choice.

Considerations for a Buyout:

• Condition Assessment: Review your vehicle's condition, including mileage, wear, and potential repairs.

• Market Value: Compare the current market value to the buyout price for a clear picture of its worth.

• Financial Factors: Factor in total ownership costs, including interest, depreciation, and the buyout price.

Option 3: Return Your Lease

If you're ready to move on, returning your lease is a simple and hassle-free option.

Pre-Return Inspection:

• Timing: Schedule an inspection a few weeks before your lease ends.

• What to Expect: A representative will assess the vehicle for excess wear, damage, and mileage.

Final Return and Potential Charges:

What to Bring: Original lease agreement, keys, owner's manual, maintenance records, and accessories.

Possible Costs:

• Mileage Overages: Fees for exceeding the mileage limit.

• Excess Wear and Tear: Charges for damage beyond normal use.

• Disposition Fee: Covers administrative costs for processing your lease return.

Whether you're upgrading to a new Nissan, purchasing your current vehicle, or returning your lease, Peoria Nissan ensures the process is straightforward and stress-free.

To explore your options or get assistance, contact us or visit the Nissan website today.