Lease Return Options

Lease Return Center

WHETHER YOUR VEHICLE WAS LEASED HERE OR ELSEWHERE,
WE'VE SIMPLIFIED THE PROCESS FOR YOU!

Nearing the End of Your Lease?

Elm Chevrolet can handle your lease return at our Chevrolet dealership in Elmira. No matter where you originally leased your vehicle, you can return your vehicle to our Elm Chevrolet dealership at lease-end or we can also work with you to buy out your lease if you want to move into a newer vehicle.

Not ready to say goodbye? You don’t have to because you’ve got options! Whether you are looking to lease, return, or purchase the current Chevrolet you are in, our team is here to help you make the best decision. Be sure to check out our current specials if you do decide to lease.

HERE ARE YOUR LEASE RETURN OPTIONS

Return Your Leased Vehicle & Buy or Lease a New Chevrolet

When your lease is complete simply return the vehicle to Elm Chevrolet. Our sales staff will be more than happy to show you the latest models and discuss additional options you may not have considered. Once you make your decision, our finance center will help you get the best financing options available. If you're considering buying a used car then we invite you to look through our used car inventory online and schedule a test drive. Simply contact Elm Chevrolet for more information if you have any questions.

Winter Car Safety Kit

You never plan on getting in an accident, but a winter car safety kit will have you covered in the case of an emergency. Stock yours with non-perishable food, water, blankets, a first aid kit and flashlight at the bare minimum.

Purchase Your Leased Chevrolet

If you have grown to love your current leased vehicle, then buying your lease is the best option for you! Not only will you get to keep the vehicle you love to drive; you won’t have to worry about any end-of-term obligations and fees.

RETURNING YOUR LEASED VEHICLES:
FREQUENTLY ASKED QUESTIONS

It's the end of your lease, what do you do now? Elm Chevrolet gives you answers. Take a look at the information below, if your question isn't addressed, please call us and we'll assist you however we can.

What is Lease Equity?

If you've been leasing your vehicle for a few years, you probably have some lease equity, which is much like the equity you have in your home if you own. Lease equity is when your leased vehicle is worth more at the end of the lease than the buyout that was established in your original lease paperwork.

What Are Lease Termination Charges?

Some lenders have lease termination fees. these fees must be disclosed up-front and listed on the lease contract.

What are lease mileage charges?

Lease mileage charges can be found in all lease contracts. Often mileage charges can be absorbed into the next vehicle lease at a fraction of the actual contract charges.

How is mileage calculated on a lease?

Your lease agreement will specify the amount of miles in the paperwork you received when you leased the vehicle. Excess miles are those that remain after the total allowed mileage is subtracted from the final odometer reading. To estimate how much additional charge will be assessed for excess mileage multiply the excess miles by the cost per mile designated in the lease agreement.

Do I need replace tires before turning my lease in?

Tires will need to have a minimum amount of tread to avoid charges from the leasing company. Your original lease contract should specify that information.

Where does my leased car go after I return it?

Shoppers are always looking for quality used vehicles coming off lease. Often Elm Chevrolet will purchase your leased vehicle for resale.

Can I buy my lease?

Usually you can buy your vehicle at the end of the lease term. The lease end value or "residual" is predetermined at the start of the lease. Check your lease paperwork, or talk to Elm Chevrolet for assistance.

What is meant by lease buy-out?

The lease buyout is the amount of money necessary to purchase or finance the vehicle and end the lease.

How to get out of a lease early?

There are a few ways to get out of your lease early. You can buy out your lease, make the rest of your payments or trade your vehicle and have the dealer pay the vehicle off.

What maintenance is mandatory for a leased car?

All manufacturer maintenance must be performed during the lease term. Failure to keep up with regularly scheduled maintenance could void the warranty. Your lease should specify the maintenance required.

How early can I turn in my lease?

We have many customers that release with 6 or 8 months remaining.

Can I transfer my car lease to someone else?

It depends on the lender, but more often than not a lease will not transfer. In some circumstances a family member may be added if approved by the lender.

Can I lease a used car from Elm Chevrolet?

This depends on the make and model of the used vehicle. Most "reasonably priced" used car leases are on vehicles with a great track record of resale, being a later model vehicle with lower mileage. Talk to us for more info.

What Is Excess Wear and Tear?

Additional charges may affect the value we pay your for your vehicle based on excess wear, damage and maintenance items that may be needed. These may be but are not limited to tires with excess wear, dents, interior rips or stains, missing parts and improperly installed accessories.

What if there is damage on my leased vehicle?

Some normal wear and tear is factored into the lease. Any damage over and above normal wear and tear is the responsibility of the person leasing the vehicle. Minimize this by buying the lease out or trading the vehicle in.

What Should You Bring When You Return a Leased Car?

Here's a quick checklist to check before returning your leased vehicle. Remember to remove personal items from the vehicle, such as:

Items behind and under the seats, above the sun visors, in the glove compartment or console and any personal items in the trunk
Garage door openers
Parking passes or other passes
Aftermarket wheels or rims you've added to the vehicle

Also bring along any item that was on or included with the vehicle when it was leased must be returned when the vehicle is turned in. This includes, but is not limited to:

Owner’s Manual and maintenance records
Vehicle Return Receipt
Vehicle Inspection Report

Receipts for completed repairs
All keys to the vehicle
Tool kit, cargo or tonneau cover, and luggage crossbars

Original floor mats
Original wheel rims (installed at the time of the lease) and spare tire and tools
Hybrid or electric vehicle accessories such as charge cords

Elm Chevrolet

301 E Church St, Elmira, NY 14901

Hours

Sales Hours

Monday	8:45AM - 6:00PM
Tuesday	8:30AM - 6:00PM
Wednesday	8:30AM - 6:00PM
Thursday	8:30AM - 6:00PM
Friday	8:30AM - 6:00PM
Saturday	9:00AM - 4:00PM
Sunday	Closed

Service Hours

Monday	7:30AM - 4:30PM
Tuesday	7:30AM - 4:30PM
Wednesday	7:30AM - 4:30PM
Thursday	7:30AM - 4:30PM
Friday	7:30AM - 4:30PM
Saturday	Closed
Sunday	Closed

Parts Hours

Monday	8:00AM - 4:30PM
Tuesday	8:00AM - 4:30PM
Wednesday	8:00AM - 4:30PM
Thursday	8:00AM - 4:30PM
Friday	8:00AM - 4:30PM
Saturday	Closed
Sunday	Closed