Turn In Your Lease

Toyota Camry driving on a highway.

At Precision Toyota of Tucson, we make it easy to turn in your leased Toyota. In addition to Toyota Financial Services, we have partnerships with many other banks that allow us to serve as a convenient drop-off point for turning in your leased vehicle. Contact us for details!

Here are three common lease termination scenarios:

Choice 1: I would like to turn in my Toyota leased vehicle and purchase or lease a new Toyota.

This allows you to get into a new Toyota and enjoy that new car experience all over again!

Precision Toyota of Tucson has an extensive selection of new vehicles to choose from. Be sure to check out our latest specials, too.

If you simply want to turn in your leased vehicle, we can help with that as well. Here are the steps to take:

1. Drop off your vehicle at our dealership and ask for our Finance Department.

2. Please be advised that some banks charge a Lease Termination Fee (Toyota Financial Services will not). You may also be charged for excess mileage above your contracted terms and/or any excessive wear and tear. Any such charges are not levied by Precision Toyota of Tucson, but rather by the leasing bank. Please also know that you will remain as the registered owner until the leasing bank re-sells the vehicle to another consumer. This re-sale process can take several months.

Choice 2: I would like to get information on purchasing my Toyota leased vehicle.

This is actually a popular option!

Because Toyota vehicles are built to such a high standard, many of our customers choose to buy their leased vehicle after the lease term ends. After all, you maintained and drove the vehicle, so you know exactly what you’re buying, at a significant discount off the original MSRP.

Choice 3:  I would like to extend my current Toyota lease.

Please contact the bank that your vehicle is leased with. For Toyota Financial Services, the toll-free number is (800) 874-8822.


Questions? We’re here to help.

Our specialists are ready to answer your questions and assist you with any of these options. Call us now to speak with one of our friendly experts, send us a message online, or apply for financing online right now.