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Understanding the End of a Car Lease
Understanding the End of a Car Lease

Understanding the End of a Car Lease

September 29, 2023

If you’re one of the many people who have opted for auto leasing in NYC, specifically with the reputable Signature Auto Group, you’ve likely enjoyed the perks of driving a brand-new car without the long-term commitment of ownership. However, as your lease term comes to an end, you might be wondering, “What happens at the end of a car lease?” This comprehensive guide will walk you through the process, whether you’re in NYC, NY, or Brooklyn, and shed light on the crucial steps of car lease exit and return.

The Basics of Auto Leasing

Before we dive into the specifics of lease end processes, let’s briefly revisit the fundamentals of auto leasing. Auto leasing has become increasingly popular in recent years because it allows individuals to drive a new car without the financial burden of ownership. Instead of purchasing a vehicle outright, you pay for the depreciation of the car during the lease term, typically three to five years. At the end of the lease, you have several options, one of which is returning the vehicle.

Preparing for the Car Lease Return

1. Review Your Lease Agreement

As your lease term approaches its conclusion, it’s essential to revisit your original lease agreement. This document contains crucial information regarding your responsibilities and options at the end of the lease. Be sure to understand the mileage limits, wear and tear guidelines, and any fees associated with lease termination.

2. Vehicle Inspection

Most lease agreements require a vehicle inspection before returning the car. This inspection checks for excess wear and tear, damage beyond normal use, and mileage overages. To ensure a smooth return process, schedule this inspection well in advance.

3. Maintenance and Repairs

Before returning your leased vehicle, it’s a good idea to address any maintenance or repair issues. Take care of routine maintenance like oil changes, tire rotations, and brake checks. Repair any damages or issues to avoid additional fees upon return.

4. Cleanliness

A clean car is more likely to pass inspection and avoid additional charges. Consider getting your car professionally cleaned inside and out, or take the time to clean it thoroughly yourself.

End-of-Lease Options

At the end of your auto lease with Signature Auto Group, you have several choices to consider:

1. Lease Renewal

If you love your current car and don’t want to part ways with it, you can choose to renew your lease. Signature Auto Group may offer you the option to extend your lease for another term, allowing you to keep enjoying your vehicle.

2. Purchase the Vehicle

If you’ve grown attached to your leased car and can’t imagine driving anything else, you have the option to buy it at the end of the lease. This is known as a lease buyout, and it can be a great way to acquire a vehicle you’re already familiar with.

3. Lease a New Vehicle

Auto leasing in NYC is all about driving the latest models, and Signature Auto Group has a wide selection of cars to choose from. You can return your current leased vehicle and lease a brand-new one, enjoying the perks of driving a fresh car once again.

4. Car Lease Exit

If you’re ready to explore different options or no longer need a car, you can simply return the leased vehicle to Signature Auto Group. This process is known as a car lease exit, and it involves several steps to ensure a smooth return.

The Car Lease Exit Process

1. Schedule an Inspection

As mentioned earlier, it’s crucial to schedule a vehicle inspection before returning the car. Signature Auto Group will assess the condition of the vehicle to determine if there are any charges for excess wear and tear or damage.

2. Gather Necessary Documents

Before returning your leased car, make sure you have all the necessary documents in hand. This may include the owner’s manual, both sets of keys, and any maintenance records.

3. Remove Personal Belongings

Clean out your car completely, removing any personal items. Double-check the trunk, glove compartment, and under the seats to ensure nothing is left behind.

4. Return the Vehicle

When the day comes to return the vehicle, bring it to Signature Auto Group’s designated location. Make sure you have the keys and any other requested items, such as the inspection report.

5. Finalize the Paperwork

Signature Auto Group will guide you through the final paperwork, which includes signing a return agreement and settling any outstanding charges or fees. Be prepared to pay any excess mileage or wear and tear fees if applicable.

6. Explore Your Next Lease

Once you’ve completed the return process, take the opportunity to explore your options for your next lease. Signature Auto Group’s knowledgeable staff can help you find the perfect vehicle for your needs and preferences.


Auto leasing in NYC, whether in Manhattan, Brooklyn, or elsewhere in New York, offers a convenient way to enjoy a new car without the long-term commitment of ownership. When your lease term with Signature Auto Group comes to an end, you have several options, including renewing your lease, buying the vehicle, leasing a new one, or simply returning the car through a car lease exit.

Understanding the end of a car lease is essential to ensure a seamless transition and avoid unexpected charges. By following the steps outlined in this guide and working closely with Signature Auto Group, you can make the most informed decision about what happens at the end of your car lease.

Signature Auto Group is your trusted partner for auto leasing in NYC, and their experienced team is ready to assist you at every step of the way. Whether you’re looking to return your lease, explore new leasing options, or purchase your current vehicle, their commitment to customer satisfaction ensures you’ll have a positive experience as you navigate the end of your car lease.

In the world of NY car leasing, Signature Auto Group stands out for its dedication to providing top-notch service and a wide selection of vehicles to choose from. So, as your lease term approaches its end, rest assured that Signature Auto Group has you covered, no matter your car leasing needs in NYC or beyond.

Signature Auto Group New York & Florida’s Trusted Car Leasing Company
As a company we learned a long time ago just how significant it is to have talented, loyal and motivated staff to serve our clients in every aspect; before, during and of course even after such an important vehicle purchase. Even though this will always be an ongoing process, this organization has been fortunate to have attracted and retain such extraordinary individuals at every single level in this company.

We are honored to serve all Signature Auto Group clients past, present and future clients in the major areas of the United States and around the rest of the world. Signature wants their customers to enjoy life to its fullest. We also have high standards that the staff agrees with and are committed to providing you with the service you deserve. The sales staff is extremely knowledgeable about our products and is there to get you the fantastic vehicle that you want and desire.

Brooklyn, NY’s Leading Car Leasing Dealer & Auto Leasing Broker in New York City

Come on in and check out our extensive inventory that includes all the latest makes and models of vehicles. It doesn’t matter whether you are wanting to purchase or lease; we have the perfect plan for you. And don’t forget to check out our specials, we are always having great lease specials on a lot of the new vehicles in stock.


For over two decades, Signature Auto Group has provided proficient lease services. We maintain high ratings on digital platforms such as Cars.com and DealerRater, praised for our excellent customer service and vehicle selection. Initially from the New York area, we have been accredited by both the BBB (Better Business Bureau) and the NYCC (New York Chamber of Commerce).

Now, Signature Auto Group is expanding our services across the New York City area, providing fantastic lease deals for Brooklyn and NYC Drivers. Choose from our wide range of vehicles and secure the necessary insurance and financing all in one place. Our centrally located office is found at 9265 4th Ave, Brooklyn, NY 11209.

If you are tired of the traditional dealership model, Signature Auto Group offers a digital forward experience. Through digital innovation, customers can complete the buying or leasing process from the comfort of their homes. Look through our extensive selection of vehicles, file the appropriate paperwork alongside our experienced representatives, and simply pick a delivery date. Signature Auto Group will deliver your new car delivered straight to your front door.

Reasons to Lease With Signature Auto Group

Signature Auto Group is recognized as the best car leasing company in Brooklyn, New York City, Queens, and surrounding areas. Here are just some of the reasons customers keep coming back to our services.

  • Price Match Guarantee. We work tirelessly to provide the best available prices. We will beat or match the price of any competition in the area. Additionally, we accept discounts provided by both unions and corporations.
  • Convenience. As a one-stop solution, we can provide insurance and financing services to make your purchase convenient.
  • Experience Staff. Our staff has over 60 years of experience in the automotive industry. As such, they can provide a wealth of knowledge and guide you through the buying process.
  • No Hidden Fees. Signature Auto Group prides itself is being upfront about our prices.
  • At-Home Delivery. Adding to our collection of convenience features, we offer the option of an online process, even delivering your new car to your home.
  • Flexible Leases. We offer the traditional 24 and 36-month lease duration. However, we also offer a large selection of lease transfer vehicles, allowing for even shorter lease durations.
  • Easy Financing. Signature Auto Group will use its extensive industry connections and knowledge to secure you a suitable and favorable loan, even if you have poor credit.
  • Great Selection. We are leasing all makes and models in Brooklyn, allowing for an unprecedented amount of vehicles to choose from.
  • Easy To Use Website. Many functions are found throughout our website. You can view our large selection of vehicles, submit information regarding a car you want to sell, contact our staff, and more!

Endless Inventory of the Best Car Leases in New York City

While some dealers are having trouble filling up their lots, we have an abundance of choices. Thanks to Signature Auto Group being the price destination for you to trade in or sell your car in Brooklyn, we are able to maintain a large selection of vehicles.

If your preferred vehicle is not found on our lot, we are also a premier auto broker in Brooklyn. Simply let our team know what car you are looking for, and we’ll start the search. Not only will we find you a car, but we’ll also negotiate on your behalf for the best price. It does not matter if you are pursuing a car for lease or purchasing a new or used car. We will make sure that you’ll be able to find your perfect vehicle.

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