Volvo Lease End Guide
As your Volvo lease nears its conclusion, it's essential to know what steps to take and what options are available to you. At Volvo Cars Silver Spring, we're here to make the lease-end process simple and stress-free, so you can focus on what comes next. Whether you're considering leasing again, purchasing your current vehicle, or exploring a new Volvo, our team will help you make an informed decision. Knowing what to expect can help you avoid last-minute surprises and even save you money. Whether this is your first lease or you're a returning Volvo lessee, our guide will walk you through the process.
Steps to Take Before Your Lease Ends
To ensure a smooth transition, there are a few key tasks you should complete in the months leading up to your lease maturity date:
- 90 Days Before: Schedule a lease return pre-inspection. Volvo recommends a third-party inspection to assess the condition of your vehicle. This gives you time to make any necessary repairs before turn-in.
- 60 Days Before: Review your lease agreement and mileage allowance. If you're over the limit, prepare for additional charges.
- 30 Days Before: Contact Volvo Cars Silver Spring to discuss your return appointment or next steps, and to schedule a time to return your vehicle.
- Day of Return: Bring all original equipment (keys, manuals, floor mats, etc.) and make sure the vehicle is clean and in good condition. A trained technician will check for wear and tear, tire condition, paint chips, and other potential lease-end charges. Making repairs ahead of time may reduce or eliminate excess wear fees.
Your Options After Lease Turn-In
Once you've returned your leased Volvo, you have several paths forward:
- Lease a New Volvo: Enjoy the latest innovations in safety and design with a new lease. Many loyal lessees may qualify for exclusive loyalty offers.
- Purchase or Finance a New Volvo: Choose from our extensive lineup of new Volvo vehicles, with attractive finance options available.
- Buy Out Your Lease: If you've grown attached to your current Volvo, you can purchase it at the pre-determined buyout price stated in your lease agreement. Leasing again may be ideal for drivers who like to upgrade every few years while enjoying lower monthly payments.
Volvo Cars Silver Spring is Here to Help
The team at our Silver Spring Volvo dealership is committed to making your lease-end experience seamless and rewarding. No matter which option you choose, our knowledgeable staff is here to assist with every detail. Reach out to us today to begin planning your next chapter in Volvo ownership. We're happy to help with inspections, paperwork, financing options, and trade-in evaluations to make your transition smooth and convenient.