How to Trade in a Leased Car

How Do Lease Trade-ins Work?

When you visit a dealership for your lease trade-in, you’ll likely want to feel confident that you know what you’re doing. So, how exactly do lease trade-ins work?

Trading in your lease is generally pretty simple. Once you get to the end of your lease as outlined in your contract, you’ll need to take those final steps to return the vehicle. This will typically entail some final paperwork, an inspection, and a few last fees.

You’ll want to ensure that you bring a few key items with you:

• All keys
• The owner’s manual
• Maintenance records and proof of repairs

The specifics of your end of lease requirements may vary, so try to check over your lease contract to see exactly what you’ll need to do. However, there are a few things that are true across the board. One such thing is that your vehicle will need to be evaluated to determine its condition.

Can You Trade in a Leased Car Early?

There are many reasons why someone may want to return their leased vehicle early. Whether you aren’t driving as much as you planned to or you want to try out another vehicle, you can certainly trade in a leased car early.

The process will be very similar to that of a regular trade-in, but there may be some additional paperwork and final items required before you can part ways.

This will be different from case to case depending on the leased model and how many months are left on the lease, so the best way to determine the requirements to get out of lease early is to contact the dealership.

What Next?

When you trade in your lease, you’ll get to drive home with another leased vehicle of your choosing. Being able to simply hop from one leased car to the next is a big draw for many drivers, since the process is typically more streamlined at this point.

You just choose which vehicle you want to lease next, and the dealership team will guide you through the next steps.

Ready to Trade in Your Leased Car?

If you’re ready to trade in your leased car, it’s time to come visit Elite Acura. To learn more about your options and the requirements to trade in a leased car, contact our team today. We make sure that leasing a car around Maple Shade, Moorestown, and Cherry Hill, New Jersey, is simple and convenient.

If you’d like to learn more about the lease trade-in process, contact the experts at our dealership.