m g v w 20  20 lease 20 return  buyout 20 inforgraphic

Option 1: Lease Return (Returning Your Vehicle)

What It Means:

Returning your leased Volkswagen at the end of your term means giving the vehicle back to the dealership and either walking away or leasing/purchasing a new model.

Step-by-Step Lease Return Process

No-Obligation Options Review

Meet with our Leasing Manager to review your current lease--no pressure, just helpful guidance.

Pull Ahead Program

If you're not completely satisfied with your vehicle's color, style, or size, our Pull Ahead Program lets you explore options for upgrading early.

Schedule a Pre-Inspection

(30-60 days before your lease ends)

A third-party inspection checks for excess wear and tear, mileage overages, and any repairs needed.

Review the Inspection Report

You'll receive a detailed report outlining any damage or charges.

Make Necessary Repairs (Optional)

You can choose to fix issues before returning the vehicle to avoid potential fees.

Schedule Your Lease Return Appointment

Contact your Volkswagen dealership to set up a time to return your vehicle.

Return the Vehicle

Bring all keys, accessories, and documentation.

Odometer reading and final paperwork will be completed.

Pay Any Final Fees

Includes excess mileage, wear-and-tear charges, or disposition fees (if applicable).

Explore Your Next Vehicle Options

Lease or finance a new Volkswagen with loyalty offers available.

Option 2: Lease Buyout (Keeping Your Vehicle)

What It Means:

A lease buyout allows you to purchase your leased Volkswagen at the end (or sometimes mid-term) of your lease.

Step-by-Step Lease Buyout Process

Request a Lease Buyout Quote

Contact your dealership for the residual value (predetermined at lease start) and any purchase/buyout fees

Did You Know?

You can buy the vehicle outright or apply for financing through the dealership

Vehicle Safety Inspection

A safety inspection is mandatory and must be completed at a Volkswagen dealership. Our service department will perform the inspection, which is required to transfer ownership from Volkswagen Canada to you as the new registered owner.

Review of VW Protection Plans

Take the time to review all available Volkswagen Protection Plans with our team to fully understand the coverage options and long-term benefits before finalizing your decision. 

Finalize the Paperwork

Sign a bill of sale, ownership transfer documents, and

arrange payment.

Take Ownership of Your Volkswagen

You're now the proud owner of your Volkswagen

Why Consider Upgrading Your Lease!

1. Latest Features & Technology
- Upgrading means you get to drive a newer model with the latest safety, entertainment, and efficiency features--not an older vehicle that may be outdated.

2. Fewer Maintenance Costs
- Newer cars under lease are usually covered by warranty, reducing unexpected repair expenses, unlike buying out an older vehicle that may require more upkeep.

3. Avoid Depreciation Risks
- When you buy out a lease, you take on the risk of the car's future depreciation and resale value. Upgrading means you're always driving a vehicle at or near peak value.

4. Flexibility
- Leases offer more flexibility to switch vehicles every few years to fit changing needs or preferences, without the hassle of selling a used car.

5. Potential Incentives
- Manufacturers and dealers often provide special lease deals or loyalty incentives to customers who upgrade, making it more affordable.

 

ajax loader2
Please confirm
Martin Grove Volkswagen
Volkswagen Canada
IMPORTANT: You can easily remove your consent at any time!
A few more questions
  1. Martin Grove Volkswagen
    Volkswagen Canada
    IMPORTANT: You can easily remove your consent at any time!
SUBMIT