At South Bay Lexus, we are committed to offering our guests the most options for returning your leased car, or SUV. Listed below are the options we offer to return your leased car at South Bay Lexus. To trade in your lease, and get into a new vehicle today, please contact our Internet / Marketing Department at 310 325-9999.
OPTION 1: Turn in Your Leased Vehicle and Purchase or Lease a New Lexus of Your Choice
Great! Let's get back that new car smell, and enjoy the latest safety technology and creature comforts that make Lexus vehicles so special. Click here to view our Current Specials or, for the most current information and guidance on other options that might benefit you, please contact our Internet / Marketing Department at 310 325-9999. If you simply want to turn in your leased vehicle, we can help with that also.
Here are the steps to take:
1. Drop off your vehicle at our New Car Sales Department 3215 Pacific Coast Highway, Torrance, CA and ask for Internet Manager.
2. Please be advised that leasing banks will charge you a Lease Termination Fee. You may also be charged for excess mileage above your contracted terms and/or any excessive wear and tear. Any such charges are not levied by South Bay Lexus, but rather by the leasing bank. Please also know that you will remain as the registered owner until the leasing bank re-sells the vehicle to another consumer. This re-sale process can take several months.
OPTION 2: Purchase Your Vehicle at Lease End or let us assist you to sell it to a family member or friend.
Smart choice! Because Lexus vehicles are built to such a high standard, many of our guests choose to buy their leased vehicle after the lease term ends. After all, you maintained and drove the vehicle, so you know exactly what you're buying, at a significant discount off the original MSRP. Our Internet / Marketing Department can assist you with this and explore any other option that might benefit you. They can be reached at 310-325-9999.
OPTION 3: Return Your Vehicle at Lease End to South Bay Lexus
OPTION 4: Extend Your Current Lease
Please contact the bank that your vehicle is leased with. For Lexus Financial Services, the toll-free number is (800) 874-7050