Chevy Equinox Lease-End FAQs Detroit MI
Chevy Equinox Lease-End FAQs Detroit MI
Check Out Our Equinox Inventory at Genesis Chevrolet!
As your Chevy Equinox lease gets closer to its end date, it’s a good idea to start looking at your options so you can decide what makes the most sense for you. Here at Genesis Chevrolet, we’ll be going over the different lease-end options down below, including returning your Equinox, purchasing your current vehicle, or moving into a new Chevrolet. We’ll also cover some helpful steps to take before your lease ends, so you can feel prepared when the time comes. If you’re in the Detroit area, we’re just 25 minutes away via Gratiot Ave, making it easy to stop by and talk with our team about your lease-end options.
What Are My Options When My Chevy Equinox Lease Ends?
When your Chevy Equinox lease is getting close to the finish line, you have a few different paths you can take. You can return your Equinox, purchase the vehicle you’ve been driving, or move into another Chevy vehicle by leasing or buying a new one. It’s a good idea to start thinking about your decision around two to four months before your lease ends, giving you plenty of time to compare your options and figure out what works best for you. When you’re ready to make your next move, the team here at Genesis Chevrolet is happy to help you explore your options.
- Return Your Equinox
- Choose a New Chevy
- Decide 2-4 Months Ahead
- Genesis Chevrolet is Here to Help!
Should I Have My Chevy Equinox Inspected Before Turning It In?
If you’re planning to return your Equinox at the end of your lease, getting a pre-return inspection can help you know what to expect. GM Financial provides a complimentary inspection through OPENLANE Inspections, which looks for excess wear and mileage and gives you an itemized report of the vehicle’s condition. However, you’re also welcome to get your inspection done with us here at Genesis Chevrolet! It’s recommended that you schedule this inspection about two to four months before your lease ends.
- Pre-Return Inspection
- Check for Excess Wear
- Itemized Report
- Schedule With Genesis Chevrolet
What Should I Expect When I Return My Chevy Equinox?
When it’s time to turn in your Equinox, you’ll want to make sure you have everything needed for the return and have the dealership document the vehicle’s mileage. You’ll receive a check-in receipt and odometer statement after the vehicle is returned. GM Financial also recommends going through its lease-return checklist ahead of time. Afterward, you should receive a Lease-End Liability Invoice within 30 to 45 days, which will outline any balance you owe or refund you may be due, if applicable.
- Check-In Receipt
- Odometer Statement
- Lease-Return Checklist
- Lease-End Liability Invoice
Can I Get Another Chevy After My Equinox Lease Ends?
Yes! Returning your Equinox doesn’t mean you have to stop leasing or driving a Chevrolet. You can choose to lease or purchase another new Chevy and continue driving something new. Depending on the terms of your lease and applicable state requirements, GM Financial may waive the disposition fee when you lease or purchase another GM vehicle. When your Equinox lease is coming to an end, our team at Genesis Chevrolet can help you look at available Chevrolet models and figure out what makes sense for your next vehicle.
Lease an Equinox With Genesis Chevrolet!
Drivers in and around the Detroit area can visit us at Genesis Chevrolet to explore our selection of Chevy vehicles and find a lease that fits their needs. Whether you have your eye on the Chevy Equinox or another model in our inventory, our team can help you compare your options and find the right fit. You can ask us about our current inventory by using the form below, or explore our available financing options right here on our website to get started.
Key Takeaways
Q: What Are My Options When My Chevy Equinox Lease Ends?
A: You can return your Equinox, purchase your current vehicle, or lease or buy another new GM vehicle. It’s a good idea to start comparing these options about two to four months before your lease ends.
Q: Should I Have My Equinox Inspected Before Returning It?
A: Yes, a pre-return inspection can help you understand the vehicle’s condition and any potential excess wear or mileage charges.
Q: What Happens When I Return My Chevy Equinox?
A: When you return your Equinox, the dealership will document the mileage and provide a check-in receipt and odometer statement. You should receive a Lease-End Liability Invoice within 30 to 45 days outlining any balance due or refund that may apply.
Q: Can I Lease Another Chevy After My Equinox?
A: Absolutely. You can return your Equinox and lease or purchase another new Chevrolet or GM vehicle. Depending on your lease terms and state requirements, your disposition fee may also be waived when you get another GM vehicle.