The ultimate vehicle return policy. Walk away from your lease or loan on your terms, hassle-free.
Life changes. Your vehicle commitment shouldn't have to.
LeasePass is a revolutionary program that acts like a "return policy" for your vehicle. Whether you are relocating, growing your family, or simply want a different car, LeasePass allows you to exit your agreement early without the typical penalties or negative equity of a traditional trade-in.
How It Works
Important Details
- Mileage: For leases, mileage is calculated against your prorated allowance. For loans, the allowance is 18,000 miles/year. Excess miles are charged at $0.15 per mile.
- Condition: The vehicle must be in normal operating condition. Major damage, modifications, or excessive wear may reduce the buyback value.
- Eligibility: Available on New and Used vehicle leases and loans at participating dealerships.
Program Disclaimers:
LeasePass is not an insurance product, warranty, service contract, or debt cancellation agreement. It does not alter the original terms of your lease or loan agreement. The program is a vehicle buyback option subject to specific rules and conditions.
The program requires a minimum holding period of 12 months. Buyback values may be adjusted for excess mileage, wear and tear beyond normal use, or unpaid/deferred payments. The cost of LeasePass is non-refundable if the benefit is not utilized. Please see the LeasePass Program Addendum for full terms, conditions, and exclusions.