Volkswagen Credit Auto Leasing Policies
The team at DSRLeasing.com is dedicated to providing comprehensive Volkswagen Credit lease information and resources for automotive lease transfers. We strive to keep our leasing company information accurate and up-to-date. If you represent a leasing company not listed or have updates, please contact DSRLeasing.com.
Lease Buyout Rules
Volkswagen Credit allows the original lessee to purchase the leased vehicle at lease-end, with specific conditions based on state regulations.
- The purchase option price (residual value) is specified in the lease agreement. Contact Volkswagen Credit at 800-428-4034 or log into your account at Volkswagen Credit to obtain a payoff quote.
- Buyouts must be processed through an authorized Volkswagen dealer, not directly with Volkswagen Credit.
- Third-party buyouts are permitted in some states, but restrictions may apply. Dealers must request a dealer payoff quote, which may differ from the lessee’s residual value.
- A signed Odometer Disclosure Statement must be submitted via the dealer, as required by federal law.
- Early buyouts may be allowed if permitted by the lease contract, but may include remaining lease payments and a purchase option fee (typically up to $400).
- The disposition fee may be waived if you lease or purchase a new Volkswagen vehicle within 90 days of vehicle return.
- Additional fees (e.g., sales taxes, registration, title fees) may apply, varying by state. Contact your local DMV for details.
Contact your authorized Volkswagen dealer or Volkswagen Credit at 800-428-4034 to discuss buyout options and confirm eligibility, providing your account number or VIN.
Lease Transfer Policy
Volkswagen Credit allows lease transfers, enabling another party to take over your lease with approval, subject to specific restrictions.
Transfer Fees and Conditions
- Lease Buyer Credit Application Fee: $100.00 ($25 in Texas, $0 in Indiana and Mississippi, as of January 1, 2010).
- Lease Transfer Fee: $350.00 (typically paid by the buyer; $0 in Texas, Indiana, and Mississippi, as of January 1, 2010).
- The original lessee remains liable after the transfer, subject to specific conditions.
- Mileage and wear-and-tear policies carry over from the original lease.
- Security deposits transfer to the new lessee.
- Applicable taxes may apply, varying by state. Consult your state’s tax authority.
What You Should Know
- Transfers are not permitted in the final 12 months of the lease term.
- Transfers are not permitted to be brought into or remain in Colorado, but leases originating in Colorado may be transferred to other states (as of September 2013; verify current status).
- The vehicle must have no unresolved safety recalls. Check recall status through your Volkswagen dealer or Volkswagen Credit.
- The assuming lessee must meet Volkswagen Credit’s credit and underwriting guidelines.
- The team at DSRLeasing.com can assist with navigating the transfer process.
For detailed transfer requirements, contact Volkswagen Credit at 800-428-4034.
Additional Leasing Notes
Volkswagen Credit offers leasing for Volkswagen vehicles, with terms typically ranging from 24 to 36 months and mileage options (e.g., 10,000, 12,000, or 15,000 miles per year). Additional taxes or registration fees may apply depending on your state; contact your local DMV for details. For comprehensive Volkswagen Credit lease information, visit DSRLeasing.com.
Lease-End Fees and Policies
- Disposition Fee: Up to $395 may be charged to cover vehicle resale preparation, unless you lease or purchase a new Volkswagen vehicle within 90 days of return.
- Excess Mileage Fee: $0.20 per mile for miles exceeding the lease agreement’s limit (e.g., 10,000, 12,000, or 15,000 miles per year).
- Excess Wear and Tear: Costs for damages beyond normal use (e.g., dents, scratches, tire wear) may apply. Schedule a complimentary pre-return inspection within 60 days of lease-end by calling 800-428-4034 to assess charges.
- Lease-End Options: Return the vehicle to an authorized Volkswagen dealer, purchase it at the residual value, or lease a new Volkswagen vehicle. DSRLeasing can pick up the vehicle for lease return with any lender; contact DSRLeasing.com for details. Contact Volkswagen Credit 60 days before lease-end to schedule an inspection and discuss options. A final invoice, including any charges, will be mailed within six weeks.
For more information, refer to your lease agreement or visit the Volkswagen Credit website.
Contact Volkswagen Credit
- Website: Volkswagen Credit
- Phone: 800-428-4034, available Monday to Friday, 8 a.m. to 8 p.m. ET
- Mailing Address for Lease Payments:
Volkswagen Credit
P.O. Box 52105
Phoenix, AZ 85072-2105
(Include your account number on the check.) - Lienholder for Insurance: Volkswagen Credit, P.O. Box 813, Chesterfield, MO 63006
