How to Return a Leased Lexus

Well, your Lexus lease is up and you're ready for the latest and greatest model available. All you need to do now is return your current Lexus and get into a new car. Finishing up a lease is a fairly simple and straightforward process; it involves a few phone calls and appointments that will not affect much your day-to-day routine.

Things You'll Need

  • Leasing company's information
  • Find your original bill of sale and see which bank leased you your Lexus. In most cases, Lexus Financial will have been used by the dealership to lease you your car, but in some circumstances they will use an outside bank, if the programs are more favorable.

  • After you call the bank that leased you your vehicle, schedule a day and time for them to perform a lease-end inspection on your vehicle. They will usually send somebody out to your home or place of business and take about one hour to go over the exterior, interior, tires and other wear spots on your vehicle to determine if you owe any money for damages on the vehicle.

  • With your lease end inspection done, call your local dealership to schedule a day and time for you to drop off your vehicle with them. Most dealerships have one person that handles their lease returns, usually the Used Car Manager, and most often they will only accept lease returns Monday through Friday, since the weekends tend to be quite busy for dealers.