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Lease return location

cusp22cusp22 Member Posts: 18
edited April 2021 in Land Rover
My lease on Range Rover Discovery Sport is about to end. Since the leasor is the bank, at the end of lease do I need to take the vehicle to the
  • same Range Rover dealership or
  • to any Range Rover dealership or
  • to any car dealership
If possible, I would like to buy the vehicle but the residual value is higher than the KBB value of the car. Is there anywhere I can negotiate the buyout price?
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Best Answers

  • MichaellMichaell Moderator Posts: 241,012
    Answer ✓
    cusp22 said:

    My lease on Range Rover Discovery Sport is about to end. Since the leasor is the bank, at the end of lease do I need to take the vehicle to the

    • same Range Rover dealership or
    • to any Range Rover dealership or
    • to any car dealership
    If possible, I would like to buy the vehicle but the residual value is higher than the KBB value of the car. Is there anywhere I can negotiate the buyout price?
    Call the bank; they may want to schedule an end of lease inspection first.

    I’m pretty sure you can return it to any LR dealer, once that’s done.

    Can’t negotiate the buy out price.

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  • cusp22cusp22 Member Posts: 18
    edited April 2021 Answer ✓
    Michaell said:

    cusp22 said:

    My lease on Range Rover Discovery Sport is about to end. Since the leasor is the bank, at the end of lease do I need to take the vehicle to the

    • same Range Rover dealership or
    • to any Range Rover dealership or
    • to any car dealership
    If possible, I would like to buy the vehicle but the residual value is higher than the KBB value of the car. Is there anywhere I can negotiate the buyout price?
    Call the bank; they may want to schedule an end of lease inspection first.

    I’m pretty sure you can return it to any LR dealer, once that’s done.

    Can’t negotiate the buy out price.
    Thank you
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