Lease End Information
Approach Your Toyota Lease-End With Confidence
You may be wondering “what happens at the end of my lease?” In the months before your lease comes to an end, you’ll receive several communications from us about your options and obligations. During this time, you can choose a path that best fits your needs and lifestyle. Choose from the following options to find out what to expect:
1. Choose a New Toyota
Maplewood Toyota has an excellent selection of new and preowned vehicles from which you can choose. Oftentimes Toyota has special programs for returning TFS customers.
If you are not familiar with some of the New Toyota Models, you can find more information here:
or search all New Toyota Inventory
2. Buy Your Current Toyota
If you’re ready to make your leased Toyota your very own, there’s no need for a wear and use evaluation or extra mileage charges. In other words, you don’t have to stop driving your current Toyota – simply follow these steps and get ready to go.
STEP 1. Determine your payoff amount. Stop by Maplewood Toyota or call 651-482-1322 and one of our finance managers can assist you.
STEP 2. Estimate your monthly payments. Use our Payment Calculator to estimate what your monthly payments may be if you finance the amount through your Toyota dealer and TFS. Be sure to check out current local specials at maplewoodtoyota.com before finalizing your purchase.
STEP 3. Contact Maplewood Toyota. The Lease-End Coordinator at your dealership will review the details of your lease agreement with you and provide any required documentation.
STEP 4. Choose your purchase method. One option is to arrange financing at Maplewood Toyota through TFS. Be sure to ask about Toyota Extra Care Vehicle Service Agreements for extended protection beyond your vehicle warranty. For an outright purchase of your vehicle, contact us to obtain the necessary information. You may also want to check our KBB Instant Cash Offer where Kelly Blue Book will buy your vehicle. Check KBB Vehicle Value now.
3. Turn In Your Toyota
Remember to review our Wear and Use Guidelines (below) which will help you understand what to expect should you choose to turn in your vehicle. You can also view the Toyota lease-end page or download the lease-end brochure for more details about what to expect at the end of your lease.
Whether you want to experience more of what you love about your Toyota, or you’re set on staying behind the wheel of your existing vehicle, we’re here to make the move as easy and convenient as possible.
Wear and Use Guidelines
Normal wear and tear to a vehicle is to be expected. We can all relate to the occasional scratch and scuff. However, mileage in excess of that specified on your lease agreement and damages exceeding normal wear and use may be chargeable to you upon the end of your lease. To help avoid any surprises and charges, you can call us to schedule a pre-inspection to help identify any potential wear and use charges. You can also review our general Wear and Use Guidelines below for examples of what is considered excessive:
Seat and Trim
- Cuts, tears or an accumulation of burns or stains larger than the size of a credit card
Equipment, Parts and Accessories
- Missing keys/remotes
- Missing parts or accessories (shifter knob, headrests, tonneau/cargo cover, etc.)
- Inoperative, malfunctioning or broken parts or equipment
- Any modifications not on the vehicle at lease inception
Tires, Wheels and Wheel Covers
- Tires with exposed cords
- Tires or wheels that do not match or meet manufacturer’s guidelines for safe operation
- Missing or damaged wheel covers
- Wheel gouges greater than 1″
Glass and Lights
- Windshield cracks, stars or bullseyes
- Windshield scratches greater than the size of a credit card
- Damaged or broken glass
- Bent, broken or missing lights, turn signals, mirrors or lamps
Paint and Body
- Scratches greater than the size of a credit card that penetrate the paint
- Dents greater than the size of a credit card
- Accumulation of damage covering a majority of a panel requiring repair or replacement of entire panel
- Previous repairs performed poorly or unrepaired collision damage
- Damage to frame structure that affects the integrity of the vehicle
- Damage from flood, water, hail or sand
- Damage resulting from improper vehicle maintenance