Return Your Lease at BMW of Sherman Oaks, Regardless of Where Your Purchased It.
You drove it, you loved it, and now your BMW lease is finally coming to end. Whether you decide to purchase your car or get behind the wheel of a new vehicle, there are steps to follow when returning your leased vehicle.
Our sales experts at BMW of Sherman Oaks are here to help you understand the process.
Schedule a Pre-Inspection
Prior to your lease's end, BMW Financial Services will contact you to set up a complimentary pre-inspection appointment. You can also set this up when you visit our Sherman Oaks BMW dealership.
Make Necessary Repairs
Based on the results of your pre-inspection report, you may need to make a repair or two before returning your BMW lease. Dents, scuffs, and scratches that are less than two inches long won't need any work, but anything larger will. On the inside, minor scuffs anywhere on the trim or seats are acceptable, but cuts, burns, tears, stains, and formidable odors should be taken care of before your final turn-in date.
You also need to make sure your regular maintenance work is up to date, with any damage caused by neglect repaired. Regular wear is expected, but anything beyond the norm needs to be repaired or replaced. You can easily do this by scheduling a BMW service appointment at our dealership; you can even bring in the report and we'll help you figure out what services need to be done.
How Do I Return My Leased BMW?
After all is said and done, you can make an appointment with our dealership to turn in your BMW lease. If you haven't had your pre-inspection, we'll go ahead and inspect your car when you bring it in. We'll also make any needed repairs and invoice you for the work on your vehicle return statement. Please note that the work we do may be more expensive than what you might have incurred if repairs were done prior to your turn-in date.
If you don't plan on purchasing your lease, remember to take out all of your personal belongings. Make sure all original components that came with the vehicle are placed inside, like the driver's manual or any spare tires. If you are buying the car, you'll still need to go through the return process. A new transaction will be drawn up for the purchase of the vehicle.
We'll help guide you through the return of your BMW lease every step of the way. BMW of Sherman Oaks can also walk you through our new BMW models and help you find one that works for you.
Frequently Asked BMW Lease Questions
Can I return my BMW lease to BMW of Sherman Oaks if I leased it from another dealer?
Yes. BMW of Sherman Oaks accepts BMW Financial Services lease returns regardless of which BMW center originated the lease. Bring your vehicle, all keys, the owner's manual, and any original equipment, and our team will process the return with BMW Financial Services.
What do I need to do before returning my BMW lease?
Schedule your complimentary pre-return vehicle inspection about 60-90 days before your lease maturity date. The inspection identifies any excess wear-and-use charges in advance so there are no surprises. Then remove personal items, gather both key fobs and the owner's manual, and bring your insurance card and driver's license to your return appointment.
What happens if my BMW lease has excess wear or mileage?
Excess mileage and wear-and-use charges are set by BMW Financial Services and appear on your final statement after turn-in. In many cases, choosing your next BMW from BMW of Sherman Oaks at lease-end may qualify you for lease loyalty programs that can reduce your out-of-pocket costs. Ask our lease-end specialists to review your specific situation before you return the vehicle.
Can I buy my BMW instead of returning it at lease end?
Yes. You can purchase your leased BMW at the payoff amount listed in your BMW Financial Services account. Our finance team can arrange lease buyout financing, complete the DMV paperwork, and - if your vehicle qualifies - discuss whether trading it in or selling it to us puts you in a better position than a straight buyout.
Can I return my BMW lease early in Sherman Oaks?
Often, yes. Depending on your maturity date, you may qualify for a BMW pull-ahead program that waives remaining payments when you move into a new BMW lease or purchase. Call 747-262-5387 with your account details and we will check your eligibility the same day.
Do I have to lease my next BMW from the same dealer where I return my lease?
No. Where you return your lease and where you get your next BMW are independent decisions. BMW of Sherman Oaks makes it convenient to do both in one visit - return your current BMW and drive home in your next one the same day, with over 300 new BMWs in stock on Van Nuys Blvd.
Begin Your Lease Return
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BMW of Sherman Oaks
5201 Van Nuys Boulevard
Sherman Oaks, CA 91401
- Sales: 747-262-5387
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