BMW Lease Maturity

BMW Lease Maturity | Edmonton BMW

Owning a BMW is an experience that many have endured, and many others yearn for. From the great lineup to the BMW driving experience, there aren't many vehicles that can match the exhilaration BMW's offer. Residents of St. Albert, Sherwood Park, Beaumont, Leduc, Spruce Grove, Devon, Stony Plain, Fort Saskatchewan and surrounding areas of Alberta have many options to get behind the wheel of a new BMW; they can either make a cash purchase, finance, or lease. With fantastic lease rates, many BMW owners opt-in for this option as it gives them the flexibility, confidence, and pure enjoyment of automobile ownership. BMW Financial Services has developed an easy step by step plan to help you when you come to the end of your BMW Lease Maturity. At Edmonton BMW, we are proud to implement this thorough process through our finance centre to help you when you need it most. And don't forget to take a peek at our new vehicle inventory featuring favourites like the 2 Series, X-Series, and M performance models.

Lease Maturity Call

As your lease comes to an end, you can expect a phone call from your BMW retailers anywhere between 120-180 days. At this time, you will have the opportunity to ask for a pre-inspection and let your BMW retailer know if you plan to keep your BMW or return and get behind the wheel of a new one.

Inspection Call

Approximately 75 days before your BMW is due back, you should receive a call from AutoVIN Canada. AutoVIN is an independent inspection company hired by BMW to inspect your vehicle at your home or office. They will make sure to set up an appointment that best works with your schedule; keep in mind this inspection is mandatory.

Vehicle Inspection

AutoVIN will take the time to inspect your vehicle and evaluate its condition. AutoVIN will then upload the inspection report within 48 hours. At this time, you will have a chance to go over the report and find out what exactly was noted and things that may need your attention. If your BMW does require any repair or maintenance, it is highly recommended you have the work completed before you turn it in; this is to avoid any additional charges.

Returning Your Vehicle

As your lease return day fast approaches, set up an appointment with an Authorized BMW Retailer before or on the lease maturity date. The retailer will have the opportunity to confirm the vehicle's condition and make sure all necessary accessories are included, like both sets of keys, owner's manual, matching BMW approved non-winter tires and rims, BMW approved windshield with BMW logo displayed on the glass and a copy of original ownership. The retailer will have you sign the Vehicle Return Confirmation Form to complete the process. If you have any questions regarding the lease maturity process please don't hesitate to contact us.

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