Whether your lease is coming to an end, or you just want to move on to another vehicle, our team is here to help you make your transition as easy as possible. At Volkswagen of Downtown L.A., we are here to help drivers around Los Angeles discover more confidence and ease. We understand lease returns can be confusing, so we provide you with the information you need.

Learn more about our lease return options at Volkswagen of Downtown L.A.

We Will Buy Your Lease

Even if you have time left on your lease, our team can buy it so that you can move onto a vehicle that is better suited for you. We are willing to buy leases regardless of the lender. Our team of finance experts will navigate the intricacies of the purchase so that you can have a clean break. With us buying your lease, there are two ways that the situation will play out.

  1. First, we can pay off the lease balance and buy the car from the lender you leased from. The car's wholesale value will be used as a trade-in credit while subtracting the termination charges paid. Sometimes the payoff value is more than the trade-in value, and it will be applied to your new purchase or lease.
  2. The second option is that we will pay for the rest of your lease payments, return the vehicle to the lender, and not provide a trade-in credit. Keep in mind that you will still be responsible for lease-end charges, such as damages and excess mileage.

Learn More About Lease Returns

You can learn more about lease returns with our lease return page where you will find frequently asked questions.

Categories: Finance