End of Lease Options

Explore Your End-of-Lease Options at Suburban Subaru of Troy

As your Subaru lease approaches its expiration date, you have several options to consider. You may return your current vehicle, lease another Subaru, purchase your leased vehicle, or explore a different ownership arrangement. At Suburban Subaru of Troy, we can explain the process and help you compare each option based on your driving needs and financial goals.

Starting early gives you time to review your agreement, understand potential charges, and prepare your vehicle. Our team can answer questions about mileage, vehicle condition, purchase options, and available Subaru models.

When Should You Start Planning for Your Lease Return?

We recommend reviewing your options several months before your scheduled lease expiration. Your leasing company may contact you with information about return procedures, inspection requirements, and important deadlines.

During this period, review your agreement and confirm details such as:

  • Your scheduled lease maturity date.
  • The total mileage allowed under your agreement.
  • Possible charges for excess mileage.
  • Wear-and-use standards for the vehicle.
  • Your contractual purchase option price.
  • Applicable disposition fees and other end-of-lease charges.
  • Inspection and vehicle return requirements.

Your leasing company determines the terms of your agreement. We can help you understand those terms before deciding how to proceed.

Return Your Leased Subaru

If you no longer need your current vehicle, you can generally return it when your lease ends. Contact our team and your leasing company to confirm the required return process and arrange an appointment.

Before returning the vehicle, remove personal belongings and gather any items that came with it. These may include keys, owner’s manuals, floor mats, charging equipment, and other included accessories.

Your leasing company may require a vehicle inspection. This evaluation identifies excess wear, missing equipment, damage, or mileage beyond the amount allowed in your contract.

Normal wear typically differs from more serious damage, such as cracked glass, major dents, worn tires, or torn upholstery. Your lease agreement explains the standards that apply to your vehicle.

Lease a New Subaru

Starting another Subaru lease allows you to transition into a newer vehicle with updated features, modern technology, and current safety systems. You can also choose a different model if your driving needs have changed.

The Subaru Crosstrek offers a compact design and flexible everyday capability. The Subaru Forester provides practical cargo space and comfortable seating. The Subaru Outback supports active lifestyles, while the Subaru Ascent offers three rows for families who need additional passenger room.

Drivers interested in electric vehicles can also ask about the Subaru Solterra. Available inventory, lease programs, and model eligibility change over time, so contact our team to review current opportunities.

Your new lease will have its own mileage allowance, payment schedule, term length, and eligibility requirements. We can explain available options and help you compare the numbers before you commit.

Purchase Your Current Subaru

If you enjoy your leased Subaru and want to keep it, your agreement may include a purchase option. This allows you to buy the vehicle for the price stated in your contract, plus applicable taxes, fees, and other charges.

Buying your current vehicle can make sense if you appreciate its condition, maintenance history, and features. It may also appeal to drivers who want to avoid returning the vehicle or who have exceeded their mileage allowance.

However, purchasing the vehicle does not automatically eliminate every outstanding obligation. Your leasing company can explain any remaining payments, applicable fees, and purchase requirements.

Our finance department can help you explore financing for an eligible lease buyout. Loan approval, interest rates, and repayment terms depend on lender requirements and your financial qualifications.

Compare Your Options Before Deciding

The most appropriate end-of-lease decision depends on your vehicle's value, driving habits, and future transportation plans. Compare the lease purchase price with current market values, then consider the cost of a new lease or another vehicle purchase.

If your needs have changed, you might prefer a different Subaru body style, additional cargo capacity, or updated technology. If you already enjoy your current vehicle, purchasing it may provide continuity and long-term ownership.

We can also explain trade-in possibilities when your leasing company permits them. Any available equity depends on the vehicle's market value, payoff amount, lease restrictions, and lender approval.

End-of-Lease Frequently Asked Questions

Your leasing company may charge an excess-mileage fee based on the rate listed in your agreement. Review your contract before returning the vehicle.

Some agreements allow an early purchase, but eligibility and pricing depend on your leasing company and contract terms.

Your leasing company may require an inspection to evaluate mileage, vehicle condition, and possible excess wear.

Some leasing companies offer temporary extensions, but approval depends on your agreement and lender policies.

Discuss Your Subaru Lease-End Options

Contact Suburban Subaru of Troy before your lease expires to review your next steps. We can help you understand return requirements, explore newer Subaru models, or discuss financing for an eligible lease purchase.

Shop New Subaru

Shop New Inventory

Pre-Owned Inventory

Shop Pre-Owned Inventory

Service

Explore Service

Parts

Explore Parts
  1. Suburban Subaru of Troy

    1821 Maplelawn Drive
    Troy, MI 48084

    • Sales: 248-744-2717
Loading Map...

Get in Touch

  • Contact our Sales Department at: 248-744-2717
  • Monday9:00 AM - 8:00 PM
  • Tuesday9:00 AM - 6:00 PM
  • Wednesday9:00 AM - 6:00 PM
  • Thursday9:00 AM - 8:00 PM
  • Friday9:00 AM - 6:00 PM
  • Saturday10:00 AM - 4:00 PM
  • SundayClosed