BMW Lease-End Options
Approximately 90 days before the end of your lease, you will receive a Lease End Mailer with an outline of your options and an inspection wheel. The inspection wheel can be used to determine any potential excess wear and tear. You should also expect to receive phone calls from both BMW Financial Services and BMW Schererville as you approach the end of your lease.
A Client Advisor from the Lease Team at BMW of Schererville will clearly explain your options and take the stress away from your lease-end. Please note the Inspection Guidelines to help prepare for your vehicle return. For your convenience, we’ve highlighted your options below to help you make the best decision. Remember that you can easily contact us at 219-864-7333 at any time to discuss any of these choices!
I want to….
Purchase or Lease Another BMW
A major leasing perk is that you can easily trade up to the latest BMW models and technologies! Browse our vast inventory of new or pre-owned BMW models, and set up a test drive. As a way to say thank you, BMW Financial Services offers an Unused Mileage Loyalty Credit for drivers who return their BMW with less than their contractual miles. If you choose to finance or lease your next BMW through BMW Financial Services, we’ll waive your disposition fee.
- Around 90-120 days before your lease-end, schedule a complimentary inspection at our dealership.
- Bring the completed lease return paperwork with you to the appointment.
- Leave your vehicle with us and take your new BMW home!
Purchase My Leased BMW
We can certify your BMW (if eligible) and process the paperwork to purchase it.
- Schedule a complimentary inspection at our dealership around 90-120 days before your lease-end.
- You will receive an itemized list of charges.
- If your BMW qualifies for the BMW Certified Pre-Owned process, we can certify your BMW and process your purchase paperwork.
Extend My Lease
Whether or not you are over your contracted miles, you may have the option to purchase additional miles before lease maturity. Please contact your Client Advisor to discuss your options as they vary by model.
Return My Leased BMW
If you simply wish to return your leased BMW at the end of the lease period, you will be expected to return all keys, manuals, and accessories that originally came with the vehicle. If you had your excess wear and tear items repaired, you can give the coordinator a copy of the paid receipts. You will not have to bring any other paperwork with you. If you opt not to schedule a pre-inspection toward the end of your lease period, the final inspection will take place when you return your leased vehicle, and you will receive an itemized list of any charges. You may terminate your BMW lease early, but you will incur a lease termination fee and the remaining expected depreciation of value on your lease’s original term. Please contact your Client Advisor for details specific to your lease.