Leasing Center

Lease Trade-In Center

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If you are coming up on the end of your lease on a car or truck, you may soon have to return it to an authorized dealership. If you turn it into, you will receive a $300 return incentive!

What Are Your Options as Your Lease Reaches Expiration?

It is a great idea to begin thinking about your options well in advance of the expiration of your lease. Especially if you have a year or less. Our professionals at Performance Toyota Bountiful can help explain the various options and which one would be best for your situation.

1) Return Your Leased Vehicle And Buy Or Lease A New Vehicle

This option is convenient and best of all you get to drive off in a brand new Toyota. Contact us to hear about the latest models and discuss your options. And by returning it here, you are subject to a $300 return incentive! Contact us two months prior to the expiration of your lease to discuss the steps involved and help arrange an inspection. Having an inspection completed in advance of returning your vehicle gives you time to fix any needed repairs.

What You Will Need When You Return Your Leased Vehicle:

• All keys to leased vehicle
• Owner’s manual
• Maintenance records
• Vehicle Return Receipt and Odometer Disclosure Statement
• Vehicle Inspection Report
• Receipts for completed repairs, if any

2) “Trade-In” Your Leased Vehicle Early – Prior To The End Of The Lease Term

Leased Vehicles hold their value very well. If you have taken good care of your vehicle, you could be in an equity position relative to the residual you owe the lessor. If so, let us purchase your for the residual value and apply the equity toward the lease or purchase of a new vehicle. This equity coupled with our $300 return incentive and current lease and purchase offers from means you could get into a new vehicle with a lower payment!

Call us today to see if your vehicle might qualify for an early “Trade-In”.

3) Return Your Leased Vehicle To Us Even If You Did Not Lease It From Us

Your lease will conclude at the end of the term when you turn it into us. You will need to schedule a free vehicle inspection during the last two months of your lease. Having an inspection completed in advance of returning your vehicle gives you time to fix any needed repairs. You will be responsible for any outstanding payments, excess wear and use, excess mileage, and any other end-of-term obligations specified in your lease agreement. We will make it simple for you – just contact or visit us and we can take care of arranging the inspection and any necessary paperwork.

What You Will Need When You Return Your Leased Vehicle:

• All keys to leased vehicle
• Owner’s manual
• Maintenance records
• Vehicle Return Receipt and Odometer Disclosure Statement
• Vehicle Inspection Report
• Receipts for completed repairs, if any

4) Purchase Your Leased Vehicle

Let’s face it – you probably love your leased vehicle. Buying your vehicle is a fantastic way to continue to benefit from a Toyota’s reliability and high resale value. If you decide to buy your vehicle, there is no need to have it inspected since there are no charges to worry about. We offer low financing rates and extended protection plans to lessees who wish to purchase a leased vehicle.