GM Lease-End FAQ
If you’re nearing the end of the lease term of your GM vehicle, take these next steps. Here are answers to some questions you might have about the end of your GM lease.
What if I go over my mileage allowance?
If you drive a lot and go over your mileage allowance, you will be charged for the number of miles you exceeded your limit by. Typically, these expenses incur at a certain amount — for example, 15 cents per mile over. Find out the exact charge by looking in your lease agreement or by contacting us.
What if there’s wear and tear?
A small amount of wear and tear is typical over the time you drive the vehicle. However, you may get charged if there’s excessive wear and tear. We consider wear as excessive if there are missing or broken parts on your vehicle. This includes any glass that is broken or cracked, dented body panels, chips in the paint, tears in the seating material, and other similar damages.
Do I have to pay anything when I turn it in?
The charges upon return might include factors already covered, like exceeding the mileage limit or excessive wear and tear. However, other than these charges, you typically do not have to pay anything upon return if you have submitted all payments in your lease term.
Can I return the vehicle early?
While your lease might not end for a few months, there are sometimes options to return your lease early without penalty, such as a trade-in once you reach a certain point in your lease term. These policies vary, and you can find out more by contacting us at Copeland Chevrolet about your lease.
What if I have more questions?
Give our dealership a call at (866) 276-1601 and we can help answer any questions you have about the end of your lease.
Stop by Copeland Chevrolet in Brockton for a closer look at our financing and coverage options.