Guide To End The Nissan Lease Program In Canada!
Guide To End The Nissan Lease Program In Canada!
Posted on November 4, 2024
Leasing a vehicle offers flexibility and convenience, but as the end of your Nissan lease approaches, it’s important to navigate the process with confidence. Whether you’re looking to purchase a new Nissan, keep your current vehicle, or simply return it, having a clear understanding of your options is key to making the right decision. Here’s a step-by-step guide to help you through the lease-end process in Canada.
Explore Your Lease-End Options
When your Nissan lease comes to an end, you essentially have three choices: lease or purchase a new vehicle, buy your current Nissan, or return it. Each option has its benefits depending on your needs and preferences. To make things easier, Nissan Canada Finance (NCF) will reach out to you before your lease expires, detailing your choices and helping you understand the next steps.
Lease or Purchase a New Nissan Vehicle
If you’ve enjoyed your experience with Nissan, why not continue it with a brand-new model? When you return your current vehicle, you have the option to either lease or purchase a new Nissan, taking advantage of the latest models and features. Nissan Canada Finance’s Preferred Customer Retention Program makes this transition seamless, offering perks for loyal customers.
Purchase Your Current Leased Nissan
Perhaps you’ve grown attached to your vehicle, and the thought of parting with it doesn’t sit right. In that case, purchasing your leased Nissan may be the perfect solution. There are no surprises when buying your current vehicle—you already know its history and condition. Best of all, you won’t have to worry about excess kilometre or wear-and-tear fees. You’ll only need to cover the predetermined purchase price (residual value) and any necessary certification or transfer costs. Should you need financing to make the purchase, NCF can help with that too.
Prepare to Return Your Nissan
If you’ve decided to return your vehicle at the end of the lease, Nissan makes the process easy and straightforward. About 30 days before the lease ends, NCF’s Customer Remarketing Department will contact you to address any questions. It’s also recommended that you schedule an appointment with your dealership to inspect and ground your vehicle. The grounding process involves a third-party inspector checking for any excess wear and tear or additional kilometres.
Take Advantage of the Nissan Canada Finance Loyalty Program
Nissan values loyalty, and if you’ve been leasing or financing through Nissan Canada Finance, you’re eligible for the Nissan Canada Finance Loyalty Program. Not only does this program offer a hassle-free transition into your next Nissan, but it also extends to family members residing at the same address. The loyalty program ensures that you get the best possible deal when leasing or purchasing your next vehicle.
Schedule Your Vehicle Inspection Early
As your lease end approaches, it’s important to ensure your vehicle is in good condition. NCF works with AutoVIN, a third-party inspection company, to assess your vehicle for any excess wear and tear. To avoid any surprises, you can use NCF’s wear and tear guide, which you’ll receive six months before your lease ends. It’s a good idea to handle any repairs before your scheduled inspection to avoid additional fees.
Lean on Myers Kanata Nissan
Ending your Nissan lease doesn’t have to be a complicated process. Whether you’re looking to upgrade to a new Nissan, purchase your current one, or return it, Myers Kanata Nissan is here to assist. With the support of Nissan Canada Finance and our experienced team, you’ll have the guidance you need to make the best decision for your driving future.
Need assistance with your lease-end options? Contact Myers Kanata Nissan for expert advice and exclusive offers on financing, leasing, or purchasing your next Nissan vehicle.
*All pricing is based on Ontario MSRP and does not include taxes and fees. Dealer pricing may differ. Prices are subject to change anytime without notice.