Toyota Lease Return Process

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Before Your Return 

  • - Inspect your vehicle to ensure that all of your personal belongings have been removed.

  • - Call Hillside Toyota's Lease Return Center at 718-530-0405 to schedule a complimentary inspection, where we will assess your vehicle for potential equity. 

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During Inspection and Return 

Bring the following to your inspection and lease-return appointments: 
 

  • - Toolkit and spare tire, if applicable. 

  • - All set of keys (master/remote/valet), if applicable 

  • - Owner's Manuals 

  • - Any original equipment on your vehicle at lease inception (radio, headrests, 3rd row seat, tonneau/cargo cover, etc.) 

  • - Ask the dealer to record the mileage, and don't forget to sign the Odometer Disclosure Statement and ask for a copy 

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At The Dealership 

  • - Hillside Toyota will inspect your vehicle and assess for equity. We will consider the vehicle conditions and miles, and will refer to your leasing company (usually Toyota Financial Services) for your account information.

  • - We will review your options with you, whether you decide to return your vehicle and receive any potential equity, purchase the vehicle for yourself (whether you finance or not), or upgrade to your next new or used vehicle.

  • - We will review the benefits of getting into another new Toyota.

After Return 

  • TFS will send you a Lease End Invoice if you have any unpaid payments, late fees and miscellaneous charges.1 

    The invoice will also include Excessive Wear and Use charges, Excessive Mileage charges, and Disposition Fee if applicable. These items may be taxable.

    1 Under certain circumstances, Toyota Financial Services does not charge its lease customers for excess wear and use damage

  • As an appreciation of your Loyalty with TFS, we will waive the Disposition Fee (up to $350) if you:
    Replace with a New or Certified Toyota or Lexus financed or leased through a participating Toyota or Lexus dealer and TFS or LFS within 30 days before or after return.2
    Or have had three or more Toyota Financial Services or Lexus Financial Services accounts.2
    2 Delays in termination, often as a result of delayed grounding or early return with remaining payments still due, may prevent TFS/LFS from applying the waiver prior to billing. Due to statutory requirements, customers who originated in NJ may receive a bill for a disposition fee prior to the application of the waiver. Disposition fee may be waived in other circumstances
  • If you had a Security deposit, it will be returned to your home address via check. It will be used to first pay any Lease End Invoice charges, if applicable.
  • If you make automatic payments through Toyota Financial Services, Cancel Any Electronic Payments Here.