Did you know you might be able to walk away from your current lease up to 4 months early? As your Chevy Lease Specialist, I’ve helped customers (like a recent Equinox owner with 12 months left!) transition seamlessly into a brand-new ride with zero remaining payments on their old one.
Lease Pull Ahead Q&A
Q. Should I consider Pulling Ahead out of My Lease?
A. Consider a Lease Pull Ahead if any of the following apply:
You want to lower your monthly payment.
You've exceeded your allotted miles.
You anticipate exceeding your miles before the lease ends.
Your current vehicle no longer fits your lifestyle.
You are ready for a new vehicle.
Q. How many monthly payments does a typical Lease Pull Ahead program support?
A. Typically, a Lease Pull Ahead program covers a predetermined number of remaining payments, with a maximum value on those payments. For example, GM recently offered a program covering up to 3 remaining payments at a maximum of $1,000. If you were leasing a 2017 Chevrolet Malibu with three payments left at $199 per month, you could turn in your vehicle three months early without owing additional payments.
Q. Do I have to turn in my vehicle to qualify for a Lease Pull Ahead incentive?
A. It depends. Often, the Lease Pull Ahead incentive is a cash incentive. As long as your lease matures within a specific date range, you'll receive the cash incentive to use towards a new vehicle, whether you turn your car in or not.
Q. Does a Lease Pull Ahead incentive stack with other manufacturer incentives?
A. Yes, a Lease Pull Ahead incentive typically stacks with other manufacturer incentives. However, there may be exceptions, so check the manufacturer's website for the specific terms and conditions.
Q. If I take advantage of a Lease Pull Ahead, am I still responsible for excess wear or over-mileage fees?
A. Yes. When you turn in your vehicle, you are still responsible for any excess wear and over-mileage fees. However, manufacturers often include an excess-wear incentive as part of the Lease Pull Ahead program.
Certified Chevrolet Sales & Leasing Consultant at West Herr Auto Group & 11 Year Army National Guard Member
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