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Lease Return Process

Closing out your lease contract at Ideal Hyundai in Frederick

Lease-end is a major destination for you and your Hyundai. As always, Hyundai Finance is anticipating your arrival. So that you can cruise comfortably to your lease’s contract maturity date, we’ve assembled all the information and resources you’ll need in one place, including:

  • The steps to getting a new Hyundai or keeping your current one
  • A simple to-do list to follow if you choose to turn in your vehicle
  • Our dynamic Self-Assessment tool which makes identifying potential excess wear and use charges a snap.

To remind you of when you need to take action, we’ll mail you a Lease-End Kit four months before your contract maturity date. Or you can download a print-friendly version

So, how will you wrap up your lease?

You have a big decision ahead: whether to drive off in a new Hyundai, buy your current leased vehicle, or just return it. Whatever you choose, we'll be with you all along the way.

LEASE OR PURCHASE
A NEW HYUNDAI

First, explore the newest models by visiting our model lineup. Then build out and price your perfect Hyundai. Next, schedule a test drive with Ideal Hyundai, where you can also see if you're eligible to save money with a Loyalty Reward. From there, complete each of the steps below to close out your lease.

KICKOFF YOUR LEASE-END

These are the things you should do during the last couple months of your lease to be best prepared to turn in your Hyundai:

  • Identify any potential excess wear and use through a Self-Assessment
  • Make necessary repairs to avoid any excess wear and use charges
  • Get specific details on your options by calling us at 833-387-5668.
  • Visit the HMF Advantage page to see the benefits of leasing again or purchasing with us
  • Schedule a Turn-In Appointment at Ideal Hyundai

PERFORM A SELF-ASSESSMENT

Before returning your vehicle, identify excess wear and use and get an estimate of potential charges with our easy-to-use process.

Self-Assessment provides estimate only and is not binding. Final wear and use charges will be determined through a formal inspection after vehicle turn-in. Estimates do not reflect state sales tax.

RETURN YOUR LEASED VEHICLE

Just before your Turn-In Appointment, you should:

  • Clean your vehicle inside and out
  • Remove any garage door remotes and toll tags
  • Fill out and sign an Odometer Disclosure Statement then fax completed statement to (972) 590-3968
  • Make sure all equipment originally provided with the vehicle is present, including but not limited to:
    • Keys & keyless remotes
    • Owner's manual
    • Headrests
    • Cargo covers/nets (if applicable)
    • License plates (check with DMV to determine plate return requirements)

Note: If required to send your license plate(s) to your state, do so after turning in your vehicle then fax the state's receipt to us at (972) 590-3995.

BUY YOUR CURRENT
HYUNDAI

To continue the journey in your leased vehicle, just purchase it. We make it quite easy. Choose from three ways.

Call us

Call Ideal Hyundai
833-387-5668

Call an advisor

Call a Lease-End Advisor
(855) 463-5378

Login to your HMF account

Get a Buyout Quote
from HMF

Lease-End To-Do List

Turning in your current Hyundai? Here’s what you should do before you and your Hyundai take one last drive to Ideal Hyundai together. We know from experience that carefully completing this list makes your path to lease-end as smooth and surprise-free as possible.

Between now and returning your vehicle:

  • Identify excess wear and use using the Excess Wear and Use tool (found in your 120-day Lease-End kit) along with the Online Self-Assessment tool (HMFUSA.com/lease-end)
  • Make necessary repairs to avoid any excess wear and use charges
  • Explore your lease-end options and steps by calling us at 833-387-5668
  • See the benefits of leasing or purchasing your next Hyundai with us at our Leasing VS Buying page.
  • Schedule a Turn-In Appointment at Ideal Hyundai

When returning your vehicle:

  • Clean it inside and out
  • Remove any garage door remotes and toll tags
  • Fill out and sign an Odometer Disclosure Statement (search for and download at HMFUSA.com) then fax completed statement to (972) 590-3968
  • Make sure all equipment originally provided with the vehicle is present, including but not limited to:
    • Keys and keyless remotes
    • Owner’s manual
    • Headrests
    • Cargo covers/nets (if applicable)
    • License plates (check with DMV to determine plate return requirements)
  • Remember to delete any personal data that may be stored in your vehicle’s audio or navigation system and HomeLink® before turn-in

Note: If required to send your license plate(s) to your state, do so after turning in your vehicle then fax the state’s receipt to us at (972) 590-3995.

Source: Hyundai Lease End