Rewrite Company Lease For Free
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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
Can I exchange my leased car?
You cannot simply exchange your leased vehicle. You can trade or sell the leased vehicle. If you do, you will owe the leasing company the remaining payments, the residual value and any lease termination fees. If you trade or sell you will likely get less than you will owe to buy out the lease.
Can you upgrade a leased vehicle?
You can upgrade your car lease, usually close to the end of your term. Many manufacturers offer programs to keep your business for another lease term. Go to the same make dealer that your current vehicle lease is through. To qualify for any programs you must lease again through the same bank.
Can I trade in a leased car to a different dealer?
You can take your car to any dealer, not just the one where you arranged the lease, and let the dealer buy the car at the trade-in price. The dealer will pay the leasing company what you owe and give you a check for the equity.
Can you modify a leased Jeep?
If you want to modify and personalize your Jeep vehicle, you'll have to purchase rather than lease. If the answer is yes, leasing a new Jeep vehicle is the better decision.
Can you renegotiate a car lease?
If you have been laid off, experienced injury or illness, gone through a divorce or otherwise altered your ability to make payments, you can use this as a way to renegotiate your car lease. The finance company may offer lower payments in exchange for a longer lease.
Can I trade in my leased car for a cheaper one?
At the dealership, the used car department will evaluate your leased car and assign a trade-in value. If the trade value is greater than the lease payoff amount, you have positive equity that can be applied to the purchase or lease of a new car. Any dealership will apply these values in the same manner.
Do I have to turn my leased car to the same dealership?
In theory, you should be able to return the leased vehicle to any dealership of the same brand. If you've moved or the dealership is no longer in business, you'll obviously have to choose another one. Call the used-car manager to set up an appointment for the lease return.
Can you return a leased vehicle to a different dealership?
If you want to return a leased car to a dealer you didn't lease it from, that dealership must be affiliated or have an agreement with your leasing company. When you lease from a captive lender, you're free to return the leased vehicle to any franchised dealer of that brand.
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