How Does My Chevy Silverado Lease-End Work?

Your Chevy lease is coming to an end, but you shouldn't be sad, as this opens up new opportunities for you to discover! The first step is to determine what you want to do with your current Chevy Silverado: whether you wish to return your vehicle, lease or finance a new one, or purchase it. If you choose to return your vehicle, schedule a pre-return inspection to identify potential wear and arrange a return date with your dealership. If you decide to lease or finance a new car, check out potential offers and even apply to pre-qualify for financing before you have to trade in. Schedule a pre-return inspection as part of the return your vehicle step. If you choose to buy your vehicle, you can purchase your Chevy at any point during the lease. You can request a purchase quote and contact your dealer to discuss next steps. Once you determine what you want to do, the following steps are straightforward.

When choosing to return, lease, or finance a new vehicle, make sure to set aside time to thoroughly inspect your car yourself before scheduling a pre-return inspection, which typically takes place 2–4 months before the lease ends. Start by noting any wear or damage on the exterior or interior of the vehicle, such as scratches, dents, or cracked glass. Next, inspect the interior for issues like holes larger than 1/8", fabric tears, or permanent stains. Be sure to check for tire damage and any other signs of wear, including missing equipment like keys or mechanical defects. Documenting these areas of concern can help you better anticipate the results of the pre-return inspection and prepare for any potential extra costs.

Before you return your vehicle, you'll have to undergo a pre-return inspection, typically 2-4 months before your lease ends, to take note of any wear and tear that occurred during your lease. At the end of the inspection, you'll get a report on wear and learn more about how it may affect the amount owed at turn-in. You can schedule the appointment at your preferred dealership, and you'll need your VIN or account number to do so. If your Silverado requires repairs, you may opt to make them yourself before the lease ends. When you email all repair receipts to your dealership, a credit can be applied to your account. If you choose not to make the repairs and wait until you return your vehicle, outstanding charges will be billed to your account as part of the Lease-End Liability Invoice. 

A frequently asked question that may come up is: Where do I return my Silverado? The best place to return your truck is the Chevrolet dealership where you leased your vehicle, as they are the best qualified to help you with the return process. If this is not an option, you can schedule your turn-in with your preferred Chevrolet dealership. To ensure the process is smooth, please return by the termination date specified in your lease agreement to facilitate a seamless transition. Another frequently asked question is: What charges can I expect after my vehicle is returned? We will mail you an end-of-lease liability invoice 30-45 days after the car is returned. It may include amounts still due, excess wear or mileage charges, or other charges. If you have any questions, please use the contact form below or contact your dealership for further assistance. 

If your lease is coming to an end and you're looking for a dealership to lease through, come to us here at Victory Layne Chevrolet! We offer a wide range of new vehicles for you to choose from, and make the process as easy as possible every step of the way. If you're looking to lease a Chevy vehicle, come on by. Our team is looking forward to working with you! Use the contact form below for assistance with any questions you may have.