Lexus Lease Return Center near Silver Spring, MD

Whether you've recently started up a lease or are considering one, there's much to keep in mind once your contract expires. To be of assistance, the team at Pohanka Lexus have put together this quick overview on what to expect when it's time to bring your Lexus back to us. Continue reading to learn more!

Leasing Benefits

When it comes to leasing, you'll get to enjoy a bevy of advantages — most of which are centered around flexibility and affordability. First, this arrangement is unlike financing in that you will only be in possession of a brand-new set of wheels for two to four years. Not only will you get to choose your contract length, but you'll get to decide on an annual mileage limit. That number helps us determine a depreciation rate, which is what you'll only be on the hook for. Furthermore, most leases don't require you to present a large down payment! Lastly, since manufacturer warranties are still valid during this time frame, some basic maintenance costs are covered.

Lease End Options

In addition to the aforementioned advantages of leasing a new Lexus vehicle, you'll be presented with three different end-of-term choices to consider. The first and most popular option is to continue leasing, so take a look around our showroom to see which vehicle you'd like to pilot next. In doing so, be sure to think about whether you'd like to readjust your contract length and mileage limit. If you've found yourself unable to let go of your Lexus, let us know and we can convert your lease into a financing plan. That way, you'll only be required to pay off the residual cost, so you won't have to start back at square one. We understand that lives change — so, if your current budget does not allow you to do either of the listed options, you reserve the right to return your vehicle without pressure to replace it with another model from our lot.

Return Process

If you've chosen to return your Lexus entirely or are deciding to swap it out for a new iteration, it will require us to perform a final inspection. This examination will have one of our team members checking to see if there are any mechanical or cosmetic damages, as these will result in charges added to your final bill. We will also see that you have not exceeded your mileage limit, so be sure to not take any extended commutes during the final months of your term. Once everything is finalized, you're free to part ways with us to explore other options. However, if you feel that it's time to consider another Lexus, we are here to assist you!

Choose Pohanka Lexus as your Lexus lease return center near Silver Spring, MD. Feel free to contact us beforehand if you have any further questions regarding this process.