End of Lease

When your lease is at the end of its term, there are a few things to keep in mind as you prepare for what’s next.

Nissan Motor Acceptance Corporation (NMAC) makes the process easy for you. Nissan will be in touch with you as the end of your lease approaches. NMAC sends out letters prior to the end of your lease. The letters outline your options (see below) and include a wear-and-use guidebook.

Of course Nissan would like for you to lease or buy a new Nissan, however, you have three (3) options once you fulfill your lease obligations.

Three Options for End of Lease

1

Get a New Nissan

New Inventory

2

Keep Your Nissan

Apply for Financing

3

Return Your Nissan

Contact Us

1. GET A NEW NISSAN.

Turn in your current vehicle and lease or buy a new Nissan. Our Owner Loyalty Offers help make this an attractive option.

Vehicle Inspection:
Before your lease expires, contact the Nissan Lease Customer Network at (800) 778-4211 between 8 a.m. and 6 p.m. Central Time to set up a complimentary vehicle inspection. This inspection may help you avoid a wear-and-use charge for items that may be covered by your insurance policy (such as a damaged windshield). And it will help you decide what to do with your leased vehicle.

This inspection takes approximately 30 minutes, and can be done at McDonough Nissan, your home, or your place of business. It will be performed using a laptop computer, and the results will be printed immediately after the inspection. The inspector will review the report with you and address your questions. You will be given a copy of the condition report. A second copy will be left in your vehicle, and should remain in the vehicle until the time of return.

Should your vehicle’s condition change prior to its return due to repairs or additional damage, another inspection will be necessary. To schedule your re-inspection, please call the Nissan Lease Customer Network.

Owner Loyalty Offers:
NMAC wants to make it easy for you to buy or lease another Nissan. That’s why Nissan rewards current customers with incentives to purchase or lease a new Nissan.

Nissan will waive wear and use charges. When you lease or purchase a new Nissan, Nissan will waive up to $500 of excess wear-and-use liability on your current NMAC lease.

Offer good from 120 days prior to or 30 days after customer’s termination of lease. The registered owner’s name of the currently leased Nissan must be the same as the registered owner of the new Nissan or held in joint ownership. Customer must satisfy all obligations to NMAC in accordance with their current lease agreement. The excess-wear-and-use waiver does not apply to excess mileage fees. See dealer for details.

Lease contracts dated on/after January 6, 2009 are subject to a disposition fee at the time of contract termination, if applicable.

2. KEEP YOR NISSAN.

Keep the Nissan you are currently driving and avoid potential charges.

If you purchase your vehicle, you can avoid excess mileage, wear, and use charges. You will not be responsible for any costs other than the predetermined purchase option price and the incidental charges stated in your Nissan lease contract or required by law. These may include sales tax, vehicle registration, a purchase option fee, etc. Certain state and local laws may require you to pay a smog or safety inspection fee, etc.

3. RETURN YOUR NISSAN.

If you decide to return your Nissan, we’ll make the process as easy as possible.

Before your vehicle’s return date, contact the Nissan Lease Customer Network at (800) 778-4211 between 8 a.m. and 6 p.m., Central Time, to schedule a complimentary vehicle inspection. This inspection takes approximately 30 minutes and can be done at McDonough Nissan, your home, or your place of business. It will be performed using a laptop computer, and the results will be printed immediately after the inspection. The inspector will review the report with you and address your questions. You will be given a copy of the condition report. A second copy will be left in your vehicle and should remain in the vehicle until the time of return. Should your vehicle’s condition change prior to its return due to repairs or additional damage, another inspection will be necessary. To schedule your re-inspection, please call the Nissan Lease Customer Network.
Prior to your lease maturity date, call McDonough Nissan for an appointment to return your vehicle.
Complete a Federal Odometer/Lease Termination Statement at McDonough Nissan.
Sign and date the Vehicle Condition Report, which will be completed by McDonough Nissan. This report compares the current condition of your vehicle to that of the original inspection report to ensure that nothing has changed.
Call the Nissan Lease Customer Network to report the return of the vehicle to McDonough Nissan.

Lease contracts dated on/after January 6, 2009 are subject to a disposition fee at the time of contract termination, if applicable.