Got Questions About the End of Your Lease? Contact the Lease Return Center at Volkswagen of Downtown LA
The end of your lease can be an exciting time for many car shoppers. They enjoy the fact that they have so many options available to them. For many other folks, the end of their lease agreement gives them anxiety because they don't feel educated about their choices. The lease return center at Volkswagen of Downtown LA, located at 1900 South Figueroa Street in Los Angeles, CA, is where you can get all of your questions answered. Our team can guide you through a successful end to your Volkswagen lease agreement.
Know Your Lease-End Options with Help from Our Lease Return Center
One of the big reasons that many people choose leasing as their financing option is because they know that they will have a lot of flexibility when their agreement expires. At Volkswagen of Downtown LA, we can discuss your particular situation with you to help you decide which of your lease-end options is best for your lifestyle and budget. When it comes to the end of your Volkswagen lease, you will have four choices:
- Buy the Volkswagen Model You Are Leasing - Have you fallen in love with the Volkswagen car, hatchback, or SUV that you are driving? Your relationship with it doesn't need to end. If you can't imagine driving another vehicle at the moment, you can buy your leased car. The finance center at Volkswagen of Downtown LA can help you navigate the process of making this happen.
- Lease a New Volkswagen Vehicle - Did you enjoy your leasing experience? You can always lease a new Volkswagen model when you lease expires. Our sales team can guide you through all of the various options that are available to you. In the end, you can get behind the wheel of a Volkswagen vehicle that has all of the latest features and technologies.
- Buy a New or Used Car from Our Dealership - If leasing no longer works for you, the team at Volkswagen of Downtown LA can still help. We can help you find a vehicle from our extensive new and used inventories that matches your needs and budget. Our finance team can then assist you in trying to find an affordable used car loan.
- Turn in Your Keys - In the event that none of the above options are right for you, the lease return center at our dealership can assist you with returning your leased Volkswagen vehicle. We can ensure that you handle the lease return process in a way that helps you avoid any unnecessary end-of-lease fees.
Lease Return FAQs
If I Have a Leased Vehicle from a Different Brand, Can I Return it to Volkswagen of Downtown LA?
Absolutely. At Volkswagen of Downtown LA, we can buy out any make or model you drive. You can also return your leased Volkswagen model to us, even if you originally didn't lease it with our team. Contact a member of our sales team to find out more details about how to make this a reality.
Are There Any Extra Charges for a Lease Buyout?
When the team at Volkswagen of Downtown LA processes a lease buyout for you, there will be no extra charges.
My Lease is Set to Expire, but I Haven't Set Up My Lease-End Appointment with AIM. What Should I Do?
You can still return to your car to Volkswagen of Downtown LA. We will ground your Volkswagen vehicle and AIM will send representatives to our dealership to conduct the inspection. Unfortunately, if you go with this option, you won't be able to fix any issues that are found by the team from AIM. To schedule an inspection with AIM please call 844-264-9704 or schedule online.
Do I Have to Be Present for My Lease Return?
You need to be present for your lease return, so you can sign the odometer statement.
I can't find my 2nd key. Can I return it later?
When you turn in your lease we have to document how many keys were received with the vehicle. We are unable to receive keys later on as VW will send a transporter very quickly to retrieve your car. It's best to return your lease when you have all your keys and books or Volkswagen will bill you for them.
I've already returned my lease, but I received a DMV renewal notice. Am I going to be penalized?
There's nothing more frustrating than receiving a parking ticket or DMV renewal notice months after you returned your leased vehicle. The CA DMV states you (the lessor) must complete a Notice of Transfer and Release of Liability and submit it within 5 calendar days. This will release you of liability associated with your leased vehicle after the transfer date, including those pesky renewal notices which can look more like DMV collection attempts.
There are a few pieces of information you'll want handy when completing the DMV form:
- License Plate Number
- Vehicle Identificantion Number (VIN)
- Mileage on the vehicle
- New Owner (this would be the company you leased from such as VW Credit)
- Date of transfer
What's the Next After Your Lease?
If your lease is going to expire soon, it might not be a bad idea to start looking at our new Volkswagen selection or used inventory to find your next vehicle.
Contact the lease return center at Volkswagen of Downtown LA, so you can get help with the planning of your lease-end process today.
AdChoices