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What should I do at the end of my lease?
Begin considering your options several months before the end of your lease term
At the end of your lease you have two lease-end options.
1. Turn in your Infiniti and purchase a New Infiniti or the vehicle of your choice.
When it comes time to turn in your Infiniti, there are five steps to follow.
Have your vehicle inspected for excess wear and use prior to your vehicle return date. (You'll need to contact the Infiniti Lease Customer Network at 1.800.887.5155 (8:00 a.m. to 6:00 p.m., CST) to arrange for a complimentary inspection at your home or place of business.
If excess wear and use is discovered during your vehicle inspection, you have the option of making repairs before returning your vehicle. Holman Infiniti may be able to help you do this in a cost-effective way. In fact, the cost of repairs, if any, may be covered by your insurance company with your only expense being the deductible*. If you decide to have repairs made, please call the Lease Customer Network for a re-inspection appointment at 1.800.887.5155 (8:00 a.m. to 6:00 p.m., CST).
**You may qualify for $500 of loyalty incentive toward your current over mileage and Excess wear charges. (Ask your advisor for details.)
Contact HolmanInfiniti prior to the lease expiration date to schedule a specific appointment time to ensure a prompt and efficient vehicle return experience.
Complete the Federal Odometer/Lease Termination Statement electronically at Holman Infiniti. This form is completed on our computer. You will also be required to sign this document electronically using a signature pad. And be sure to request a printed copy for your records, as this is your receipt for your lease return.
Call the Lease Customer Network at 1.800.887.5155 (8:00 a.m. to 6:00 p.m., CST) to report the return of the vehicle.
*Contact your insurance carrier for details.
Lease contracts dated on/after January 6, 2009 are subject to a disposition fee at time of contract termination, if applicable.
2. Purchase your current Infiniti
If you simply can't bear to part with your Infiniti vehicle at the end of your lease (and needless to say, we quite understand), you will have the option to purchase it at whatever price was agreed to when you initially signed your lease. In choosing to purchase your vehicle, you will not be responsible for any excess mileage or excessive wear and use, but other charges, fees (such as purchase option fee), and taxes may still apply.
If you decide that you'd like to purchase your current Infiniti, Infiniti Financial Services will assign your Infiniti and lease agreement to Holman Infiniti, who will then sell your Infiniti to you. Your Infiniti lease may provide that you are responsible for incidental charges such as sales tax, vehicle registration, a purchase option fee, etc.
What happens if I exceed the mileage limit on my lease?
There is a charge at the end of your lease for any miles exceeding the amount agreed-upon. See your lease agreement for your mileage limit and per-mile charge. Call Holman Infiniti for information on our owner loyalty offers, including a waiver for excess wear-and-use/excess mileage charge. For further information about your Infiniti, please call the Lease Customer Network at 1.800.887.5155 (8:00 a.m. to 6:00 p.m., CST).
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