So, your lease is ending …
As your lease comes to an end, Hyundai Motor Finance and Gyro Hyundai will help guide you through the lease-end process and into your next journey with Hyundai.
We will provide you with the tools to help you get ready for your next new vehicle!
Near the end of your lease we will:
- At 120 days to lease maturity, mail you a Lease-End Kit to help guide you through the lease end process.
- Provide you with a Self-Assessment Checklist to help you evaluate your vehicle’s condition.
- At 60 days to lease maturity, instruct our inspection provider, AutoVin to contact you to book an inspection at your home, or place of business
- Our Lease-end Service team is happy to help and discuss your lease-end options.
Getting a new Hyundai?
- Contact Gyro Hyundai to test drive new models and learn about offers that may be available to you. Explore our full vehicle line-up
Keeping your current Hyundai?
- Contact your local dealership to process vehicle purchase transaction.
Returning your Current Hyundai?
- Call AutoVIN if you have not been contacted within 45 days prior to the end of your lease to book your vehicle inspection.
- Work with Gyro Hyundai, or other reputable service providers to make any necessary repairs to your vehicle to help reduce the likelihood of excess wear and tear charges, including repairs covered by insurance, recalls, and winter tires replacements (if applicable).
- Satisfy all remaining financial, and other obligations.
- Contact Gyro Hyundai to arrange a vehicle return appointment.
Lease-End To-do List
You’re coming up to the end of your lease, and now’s the time to consider your options for how you’ll wrap it up.
Reduce unwanted surprises and make a smooth transition out of your current vehicle by completing the following items near the end of your lease:
Before your inspection:
- Complete an assessment of your vehicle’s condition using the Self -Assessment Checklist and Tool prior to the final inspection conducted by AutoVIN (third-party inspection company).
- Work with Gyro Hyundai, or other reputable service providers to make any necessary repairs to your vehicle to help reduce the likelihood of excess wear and tear charges, including repairs covered by insurance, recalls, and winter tires replacements (if applicable).
- Call AutoVIN if you have not been contacted within 45 days prior to the end of your lease to book your vehicle inspection.
When returning your vehicle:
- Remove any personal belongings from the vehicle, and delete personal data from GPS, Bluetooth, and HomeLink if applicable.
- Ensure all original equipment (keys, fobs, manuals, all season tires, ownership, etc.) and any other items that came with the vehicle are present and operational at the time of return.
- Provide copies of maintenance records, recalls and/or invoices for repairs completed post-vehicle inspection.
- Satisfy all remaining financial, and other obligations.
- Sign vehicle return receipt and keep a copy for your records.
Self-Assessment Checklist
The following are examples of ACCEPTABLE vehicle wear and tear. If you have questions or need repairs, contact Gyro Hyundai.
- Exterior
- No scratches (with paint damage) on exterior panels and hood greater than or equal to 10cm with no more than 5 per panel.
- No windshield chips (without cracks) greater than or equal to 0.6 cm and outside of the driver’s field of vision.
- No dings, dents (with paint damage) on exterior panels and hood greater than or equal to 5 cm, with no more than 5 per panel.
- All original equipment and accessories are present and fully operational.
- All tires (including spare) are in the original type, size, and speed rating with at least 0.33 cm tread depth remaining.
- Interior
- No holes, cuts, tears, burns, scuffs and permanent stains (including upholstery, headliner, carpets, etc.) are greater than or equal to 0.6 cm, and no more than 2 for the entire vehicle.
- All original equipment and accessories are present and fully operational.
- Tires & Rims
- All tires (including spare) are in the original type, size, and speed rating with at least 0.33 cm tread depth remaining.
The following are examples of CHARGEABLE* excess wear and tear conditions. If you have questions or need repairs, contact Gyro Hyundai.
- Exterior
- Panel and hood dents, dings with paint damage that is greater than or equal to 5 cm
- Panel and hood scratches greater than 10 cm
- Hail damage
- Windshield chips with cracks (any size)
- Repair or damage that comprises safety
- Interior
- Holes, cuts, tears, burns, scuffs, and permanent stains greater than 0.6 cm
- Missing equipment or broken parts, and aftermarket accessories
- Tires & Rims
- Mismatched, bent, broken, cracked or warped rims and tires with depth less than 0.33 cm.
- Missing spare tire
- Misaligned or unbalanced tires
- Winter tires
- Other
- Any modification to performance components, suspension or fuel system
- Broken or non-functioning vehicle warning lights
- Any change to paint colour non-factory paint scheme or wrapping
- All aftermarket accessories
- Kilometers exceeding maximum allowed per term
* This checklist is for information purposes only, and Hyundai Motor Finance may change these guidelines at any time and at its sole discretion. A formal assessment of excess wear and year, and any repairs that are required will be provided following a third-party inspection of your vehicle upon return.