Lease Return & Buyout Center
Your Lease is Ending: What Comes Next?
Whether you leased your vehicle from Larry Green Chevrolet or another dealership, you have an important decision to make as your contract comes to a close. We’re here to make your transition seamless and stress-free.
Explore your three flexible options below to find the perfect path forward.
Return Your Leased Vehicle
The Lease Return Checklist:
If your vehicle has decreased in value or no longer fits your lifestyle, returning it is often the most sensible choice. Starting this process roughly 90 days before your contract expires gives you time to compare its market value against the buyout price, avoid excess wear-and-tear fees, and prepare for a clean slate. Whether you plan to lease another brand-new car or purchase a different vehicle.
Steps to Prepare for Drop-Off:
Schedule an Inspection
We recommend a pre-inspection 30–45 days prior to your maturity date to catch and resolve any excess wear and tear.
Clean the Vehicle
Remove personal items and thoroughly clean both the interior and exterior.
Gather the Essentials
Bring all keys, the owner's manual, and any original equipment (such as floor mats or cargo covers).
Trade In & Upgrade to a New Vehicle
Love driving the latest model? Trading in your leased vehicle is the easiest way to step into a new ride while maximizing your financial leverage.
If your car’s market value is higher than its contractual buyout price, you have positive equity. You can apply this amount directly toward the down payment on your next vehicle, lowering your monthly payments while avoiding private sales and third-party inspection hassles.
If you want to experience that new-car smell all over again, trading in your leased vehicle is the perfect option. We are here to help make this as easy as possible.
Make Your Next Move
Browse our current inventory of new and used models online or visit our showroom.
Bring your current vehicle to Larry Green Chevrolet for a complimentary equity assessment.
Apply any positive equity from your current lease toward down payment or drive-off costs on your next vehicle.
Buy Out Your Lease (Keep Your Car)
Love your current ride? You don't have to give it up. If your vehicle is in great condition, has low mileage, or is worth more than its residual value, buying it out is a smart financial move.
Purchasing your leased car allows you to eliminate over-mileage penalties, bypass wear-and-tear fees, and make the smooth transition into full ownership.
Ready to finance your buyout?
If you are on the fence about keeping your car vs returning it, companies like Lease Solutions can provide you with a quote to buy out your lease at the end of your lease period.
They specialize in seamless lease buyout loans, helping you secure low monthly payments so you can keep driving the car you already love.
Keep Your CarFrequently Asked Questions
What is a lease buyout, and how does it work?
A lease buyout allows you to purchase your leased car at the end of your contract for a predetermined price (the residual value set in your original agreement). You can pay this amount in full or finance it through lenders like LeaseSolutions.com.
When should I start planning for the end of my lease?
We recommend exploring your options 90 days before your final payment. This provides enough time to evaluate equity, schedule inspections, or secure financing without feeling rushed.
Can I end my lease early?
Yes, though early termination can be costly as it often requires paying remaining monthly balances and exit fees. A better alternative is trading in your vehicle early if it currently holds positive equity.
Ready to Explore Your Options?
Whether you're returning, upgrading, or buying out your lease, Larry Green Chevrolet is here to help make your next step simple.