Life is full of unexpected changes, and sometimes that means needing to end your vehicle lease earlier than planned. Whether you’re looking to upgrade, downsize, or simply move on to something different, ending a lease early is completely possible. Let’s go over how to end a lease early, what your options are and how it works at Birchwood!
Can You End a Lease Early?
Yes, you can end a lease early! While leasing agreements are typically designed for fixed terms, circumstances may arise that require early termination. Depending on the situation, there may be financial implications such as early termination fees or the remaining balance of payments. However, Birchwood offers solutions to help make this process as seamless and stress-free as possible.
How to End Your Lease Early at Birchwood
At Birchwood, we offer multiple options for early lease termination. Here’s how the process works:
1. Contact Your Dealership
The first step is to reach out to our leasing specialists. They’ll walk you through your lease agreement, explain your options, and outline any potential costs associated with ending your lease early.
2. Vehicle Appraisal
We’ll assess the current condition and value of your leased vehicle. If you’re planning to trade it in or sell it back to us, this appraisal will help determine your next steps.
3. Explore Lease Buyout Options
If you love your vehicle and want to keep it, a lease buyout may be the perfect solution. Birchwood can help you transition from leasing to full ownership of the vehicle, making it easy to finance your vehicle and continue driving it.
4. Trade-In Your Leased Vehicle
Looking for a different car? Birchwood allows you to trade in your leased vehicle and apply its value toward a new or pre-owned vehicle. This is a popular option for customers who want to upgrade to a newer model or switch to something that better suits their lifestyle.
5. Pay Off the Lease Balance
If a trade-in or buyout isn’t the right fit, you can also opt to pay off the remaining balance of your lease to end the lease early. Birchwood’s team will calculate the amount due and help you finalize the process.
Why Choose Birchwood?
Flexible Solutions: We offer multiple options to suit your needs, from buyouts to trade-ins.
Seamless Process: Our leasing specialists guide you every step of the way, making early termination simple and stress-free.
Upgrade Opportunities: Trade in your lease for a brand-new or certified pre-owned vehicle from Birchwood’s extensive vehicle inventory.
Avoid Suprises When Ending Your Lease Early
Before ending your lease, it’s important to review your lease agreement to understand any fees or penalties that may apply. Birchwood’s team is happy to explain the details and help you make an informed decision.
Whether you’re upgrading to a newer model, switching to an electric vehicle, or simply moving on, Birchwood is here to make early lease termination as easy and convenient as possible.
