Toyota Lease End Process

Toyota of Lompoc advises you to begin preparing for the end of your lease six months before your contract ends. That way you have time to weigh all of the options you have at lease-end.

There are a few options at lease-end:


1

Re-Lease

a new Toyota for a similar payment

You will need to schedule a free vehicle inspection during the last two months of your lease. Toyota Leadership Leasing includes a $500 Excessive Wear and Use Waiver. Loyal customers1 who purchase or lease their next Toyota vehicle may qualify for an additional waiver2 and may be eligible to get their turn-in fee waived.* Plus, you will be responsible for any outstanding payments, excessive mileage, and any other outstanding obligations specified in your lease agreement.

* Waiver reflected is for vehicle leases dated October 2013 or after. For specific benefit information on your current lease contract, please contact us.
1 A loyal customer is one who purchases or leases another new Toyota automobile within 30 days prior to or after the turn-in date.
2 Total amount waived not to exceed $1,000.


2

Buy Out

your current lease and keep your car

If you decide to buy your Toyota, there is no need to worry about a vehicle inspection or excessive wear or mileage charges.

When you’re ready to purchase your Toyota vehicle, you can get a payoff quote by contacting Toyota of Lompoc


3

Turn-In

your lease to Toyota of Lompoc

Your lease concludes when you turn in the vehicle to Toyota of Lompoc. You will need to schedule a free vehicle inspection during the last two months of your lease. Toyota Leadership Leasing includes an Excess Wear and Use Waiver, but you will be responsible for any wear or use that exceeds the waiver. Plus, you will be responsible for any outstanding payments, excessive mileage, and any other outstanding obligations specified in your lease agreement.

Contact us about any questions you have on the leasing process.