Do You Have A Toyota Lease? Know Your Options for When it Ends

No matter where you originally leased your Toyota, if you are making payments to Toyota Financial Services,
you can return your vehicle to Rudy Luther Toyota at lease end!

woman with car key

You Have a Number of Choices When Returning Your Toyota Lease:

  • Return your Toyota lease to Rudy Luther Toyota and we will handle the termination procedure with Toyota Financial Services for you.
  • “Trade-in” your Toyota lease prior to the end of your lease, and lease or buy a new or Certified Used Toyota.
  • Purchase your Toyota Lease at or prior to lease-end, and finance it through Toyota Financial or one of our other competitive lending institutions.
  • Purchase a Vehicle Service Contract to protect you from unforeseen breakdown expenses if you purchase (buy-out) your lease.

What Are My Options?

At Rudy Luther Toyota, we offer our guests several options for returning your leased car, minivan, or SUV. For questions, and for more information on how to trade in your lease, or to get into a new vehicle today, please contact our Lease Department at 866-413-5521 or email [email protected].

white car with coins

Return It!

If you simply want to turn in your leased vehicle, we can help with that also. Get in touch to set up an appointment to bring your Toyota to Rudy Luther Toyota.

Please be advised that leasing banks will charge you a Lease Termination Fee. You may also be charged for excess mileage above your contracted terms and/or any excessive wear and tear. Any such charges are not levied by Rudy Luther Toyota, but rather by the leasing bank (Toyota Financial).

Upgrade It!

I would like to turn in my leased vehicle and purchase or lease a new Toyota.

Great! Let’s get back that new car smell, and enjoy the latest safety technology and creature comforts that make Toyota vehicles so special. Rudy Luther Toyota offers a great selection of new Toyotas. Contact us for the most current information and inventory.

 

Purchase it!

I would like to get information on purchasing my leased vehicle. Keep in mind we offer various extended service contracts to keep the peace of mind. We can help you choose the one that is best for you!

Smart choice! Because Toyota vehicles are built to such a high standard, many of our guests choose to buy their leased vehicle after the lease term ends. After all, you maintained and drove the vehicle, so you know exactly what you’re buying, at a significant discount off the original MSRP. Once you reach out, our Business Department can assist you with this and explore any other option that might benefit you.

Frequently Asked Questions:

Q: Do I have to return my Toyota to the dealer that I originally leased from?

A: No, you can return your Toyota lease to Rudy Luther Toyota no matter where in the country the lease originated from.

Q: Should I have a final inspection completed by AutoVIN Inspection Company prior to returning my lease to Rudy Luther Toyota?

A: Yes, while we can look at your vehicle to give you advice on what you may be charged for if you turn your vehicle in to Toyota Financial, AutoVIN (the company that Toyota uses for inspections) makes the final determination on excess wear and use charges you will be responsible. The AutoVIN inspection can be completed up to 60 days prior to lease maturity.

Q: How much will it cost me if I am over my original contracted miles?

A: Typically, it is between $0.15 & $0.20 per excess mile on most Toyota vehicles; however you can refer to your original contract for exact excess mileage costs.

Q: What do I need to bring when I return my Toyota?

A: Both sets of keys, books (navigation disk and cargo cover if equipped).

Q: For what will I be charged?

A: An itemized list will be provided to you by AutoVin Inspection Company. If you have your inspection done prior to the actual turn-in date, you have the opportunity to have repairs completed prior to turn-in. Rudy Luther Toyota may be able to help with repairs for a lesser amount.

Q: Is there a lease termination fee charged at the end-of-the-lease?

A: Toyota leases, like most leases, charge a disposition fee if the vehicle is turned in at the end. In some cases, if Rudy Luther Toyota purchases your vehicle prior to the end of the lease and/or you lease or purchase another new Toyota, the disposition fee is waived.

Q: Is it possible to get a new Toyota and terminate my current lease early?

A: Occasionally there are programs available from Toyota Financial to terminate your lease a few months early if you buy or lease a new Toyota. Sometimes lease customers even have equity in their current lease, depending on the current market value. We can help determine what your options are.

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Rudy Luther Toyota 44.972920, -93.392515.