End Your Volvo Lease: Options & Next Steps In Palo Alto

Whether our Palo Alto, CA, store helped you start your lease or another dealership had the pleasure, you deserve to have your lease-end options laid out and explained. We hope you'll choose Volvo Cars Palo Alto for your Volvo end-of-lease experience; our staff is friendly, and our process is straightforward. If you do complete your Volvo lease returns with us, this page outlines what you can expect, along with answers to common lease-end questions.

4 Lease-End Options for Palo Alto and San Jose Drivers

Leasing Volvo vehicles is meant to be fun and flexible, so we like our lease-end options to feel the same way. Palo Alto and San Jose, CA, locals can finish their Volvo leases at our store, even if they started their adventure somewhere else. With four simple Volvo lease return options at your service, you can choose the path that fits you best:

1. Return your model and walk away
2. Return your car and lease another new variant
3. Inquire about an extension a few months before the end of your lease
4. Purchase or finance your leased vehicle

Leaning toward leasing another new model? Click over to our Volvo lease specials page to view our current incentives.

Preparing for Your Volvo End-of-Lease Date

For all our Bay Area planners who thrive on structure, we've created the following Volvo lease returns timeline so you can mark your calendars accordingly. This outline applies to any model, from the iconic Volvo XC60 SUV to the all-electric three-row Volvo EX90.

90 Days Prior

Browse New Inventory / Consider Buying Your Leased Car / Request Extension

Three months before your lease closes, we recommend browsing our inventory of brand-new iterations to see if any updates or additions to the Volvo family catch your eye. For many of our customers, this is the most exciting Volvo end-of-lease period, because it's all about shopping for another car they'd like to lease – or thinking about how to buy and keep the one they already have. You can also consider requesting a lease extension if you are planning to order a new Volvo model. If you want to buy out your leased vehicle or extend your lease, get in touch with us as soon as possible.

60 Days Prior

Schedule Your Inspection / Make Repairs / Collect Paperwork

At two months out, it's time to schedule your Volvo end-of-lease inspection at our dealership if you decide to return your vehicle or start a new lease. You can book this appointment in person or by phone. Your inspection will identify excessive wear and tear, giving you ample time to make repairs before your final lease return. This is also the perfect opportunity to start gathering any documents, key fobs, or other items that were sent home with you at lease signing, so they can be turned in when you visit.

30 Days Prior

Schedule Your Lease Return

Your actual lease-return date is separate from your end-of-lease inspection appointment; please schedule it one month before your lease closes. When booking your visit, you'll need to supply your vehicle's current odometer reading to make sure you haven't exceeded your annual mileage limits. This is also a great time to start removing personal items from your automobile, like parking passes or loose change.

Day of Lease Return

Bring In Your Vehicle / Confirm Your Lease-End Option

If you choose to return your car or lease a new model at the end of your lease, you will drive your leased Volvo vehicle to our dealership on the scheduled day and time. Don't forget the documents, key fobs, and any other equipment you gathered previously, because now is the time to return them. Other lease-end options, including purchasing or financing your Volvo car or extending your lease, will undergo a different process that doesn't necessarily require you to visit our dealership. We highly recommend reviewing your lease agreement and contacting us for more details.

Normal End-of-Lease Charges

Any driver returning a leased car instead of purchasing it will typically need to pay a disposition fee of $300 to $500. This payment helps cover the cost of preparing the car for resale. If you've exceeded your annual mileage limit, you can be charged between 15 and 30 cents per extra mile.

How To Avoid Surprise Volvo End-of-Lease Charges

End-of-lease charges get a bad wrap, but if you're prepared, you can minimize them. Keep in mind that you will likely incur fees if you return your leased car with shallow tire treads that fall below the minimum allowable tread depth, chips in its glass, dents in its doors, or upholstery stains and tears.

That said, you can lower your end-of-lease costs significantly by making these repairs before returning your vehicle (see the "Preparing for Your Volvo End-of-Lease Date" section above). You can also contact Volvo Cars Palo Alto with any questions.

Exploring the Pros & Cons of Buying Your Leased Vehicle

Do you know how many times per day the phrase "buying car at the end of lease" is searched online? So many people lease a Volvo vehicle, then fall in love and want to keep it. If this is your story too, one of your end-of-lease options is to purchase your model. Here's a look at the pros and cons of buying your leased Volvo car.

Should you decide to move forward with buying your leased model, you can pay outright with cash, or our finance center can set you up with monthly loan payments as you move toward vehicle ownership. Either way, there's no need to say goodbye to your Volvo sedan, wagon, or SUV until you're ready.

It's Easy to Start & End Your Volvo Lease at Volvo Cars Palo Alto

Our dealership isn't just convenient to Palo Alto and San Jose drivers; we're also a welcoming group of people who sincerely want to make your lease return experience as simple as possible. Feel free to contact our team with any questions about lease-end options and fees. We aim to be transparent so you can shop with confidence.

Frequently Asked Questions

What are my options at the end of my lease?

At Volvo Cars Palo Alto, you'll have four lease-end options: Return your model and lease another one, return your automobile and walk away, purchase or finance to keep your car, or request an extension. There's no wrong way to complete your Volvo lease. The best option is whichever path makes the most sense for your current and future goals.

What do I need to do to return my leased Volvo vehicle?

Three months in advance, decide whether you'd like to lease another model, inquire about an extension, buy the one you have, or settle your contract and walk away. Two months before your lease ends, you'll need to schedule your vehicle inspection and gather any Volvo-related paperwork and key fobs. One month before your lease ends, schedule your lease-return date and make any necessary repairs.

What happens during the lease-return inspection?

At your Volvo end-of-lease inspection appointment, our skilled technicians will evaluate your automobile for damage, excessive wear and tear, and abnormal mechanical issues. This inspection includes looking for exterior dents and scratches, interior stains and tears, and the function of major components. Expect to receive an itemized report of needed repairs so you can prepare your vehicle for its end-of-lease return.

Can I return my lease early?

Yes, you can return a leased car early, but we don't recommend it. Early lease returns are usually expensive because you'll need to pay an early termination fee. You may also be required to pay the remaining balance of your lease. Alternatively, you could opt to buy your leased model or see if you are eligible for an extension. Please contact our dealership for more details.

What documents should I bring when returning my leased Volvo car?

You should bring the following documents and items to your Volvo end-of-lease appointment to make the process as smooth and seamless as possible:

• Owner’s manuals
• Copy of inspection report
• Maintenance records and receipts for repairs made after inspection
• Original floor mats
• The vehicle's spare tire
• The vehicle's original manufacturer's wheels
• All keys, fobs, and keyless entry remotes
• Charging cables for plug-in hybrid or electric models

Do I need to schedule an appointment for my lease return?

Yes, you will need to schedule two separate visits to our dealership to complete a lease return: First, your Volvo vehicle inspection appointment, when our technicians will give you a heads-up about any needed repairs to your car, and second, your Volvo lease return appointment, when you'll actually leave your vehicle with us and either walk away or lease a new model.