Ram 1500 End of Lease Guide
Ram 1500 End of Lease Guide
Lease a New Ram 1500 at Gillman Chrysler Jeep Dodge Ram!
Leasing with Gillman Chrysler Jeep Dodge Ram offers a great alternative to traditional financing, allowing you to enjoy more frequent vehicle upgrades, added service benefits, flexible terms, and often lower monthly payments. If you're reaching the end of your lease on a new Ram 1500, you have several options available to you. Our team at Gillman is here to make the lease-end process seamless and straightforward. Read on to find a full guide to the lease-end process for your Ram 1500!
When Should I Start Preparing for the End of My Lease?
A smooth lease-end experience begins with a little planning. If you're currently leasing a Ram 1500 about 180 days before your lease ends, you'll receive an end-of-lease package from Stellantis Financial Services (SFS) in the mail, which includes essential information about the process. Then, as you approach the 120-day mark, the SFS Lease Team will reach out to guide you through the next steps, update you on current vehicle options, review your end-of-lease choices, and let you know about any new vehicle incentives. This is a good time to start considering your next move. Remember, your needs may have changed since your last lease began, and Stellantis offers models that cater to a wide range of lifestyles and preferences. Think about the attributes that are most important to you, including size, space, features, and more.
90 Days from End-of-Lease
At 90 days from the end of your lease, it's time to explore your options and decide which path suits you best. If you're still weighing your choices, remember that we're here to support you every step of the way. You can rely on Gillman Chrysler Jeep Dodge Ram to provide all the resources you need to make the best choice for your current situation. You have three options at the end of your lease. First, you can choose to return your leased vehicle in exchange for a new lease. Whether you're interested in upgrading to a newer Ram 1500 or exploring something completely new, this process is simple. Plus, loyalty has its perks! As a loyal customer, SFS will waive your lease turn-in fee and cover up to $500 for excess wear and tear. You also have the option to purchase your leased vehicle. To get a payoff quote, simply call SFS Customer Care at 1-800-439-0985. Be sure to include a completed and signed odometer disclosure statement along with your payoff check to finalize the purchase. You can obtain this form by reaching out to Gillman Chrysler Jeep Dodge Ram. Finally, you can return your leased vehicle to any Stellantis dealership and settle any remaining lease obligations, if applicable. Be sure to get a completed vehicle return receipt from the dealership to keep for your records.
As Your Lease-End Gets Closer
When you're 60 days from your lease-end date, take a moment to review your lease agreement. This will help you check your mileage allowance, any additional mileage fees, and other lease-end responsibilities, ensuring there are no surprises. It's also a good idea to contact Gillman Chrysler Jeep Dodge Ram to learn about the standards for excess wear and the expected condition of the vehicle at lease end. This preparation can help you address any repairs or maintenance needed, potentially avoiding extra charges on your vehicle return invoice, such as applicable taxes, the turn-in fee, late fees, excess mileage charges, remaining payments, and excess wear and tear. When you hit the 30-day mark to your lease-end date, contact us here at Gillman Chrysler Jeep Dodge Ram to schedule a return of your current vehicle for a time that is most convenient for you. If you haven't already, this is a good time to inform us about what your next move will be so we can best help you.
New Ram 1500 Near Houston, TX
Whether you're just starting the lease of a Ram 1500 or preparing to return your lease, Gillman Chrysler Jeep Dodge Ram is here to assist! Our friendly and knowledgeable sales team is ready to help you find the ideal vehicle to lease, while our financing experts work on a personalized lease agreement just for you. Feel free to browse our new inventory online to explore your options. If you have any questions about leasing or our current inventory, simply fill out the contact form below. We look forward to hearing from you soon!
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