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Frequently Asked Questions

Why don't I get my down payment back at the end of the lease?

Frequently Asked Questions about Car Leasing
You do not get your down payment back because it is simply an up front prepayment of part of your capitalized cost - to help reduce your monthly payments. Some people confuse "down payment" with "security deposit," which is refundable to you at the end of your lease. No. All this means is that you have 36,000 miles (3 times 12,000) as a total limit for the entire lease. It doesn't matter when you drive those miles.
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My lease is about to end and I don't have another place to live. Can the landlord evict me?

VDACS - Office of Consumer Affairs - Landlord-Tenant Frequen...
Yes. Your landlord is not required to extend the term of the lease. Although some leases provide for month-to-month rental agreements following the expiration of the original lease, landlords are not required by law to offer such provisions or to extend the term of the lease. The landlord may take legal action to evict the tenant. Section 55-248.20 of the VRLTA addresses this issue.
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If I have a lease what do I do at the end of the lease term?

Dexter Financial Services - Frequently Asked Questions
If you have a $1.00 purchase option, we will debit your final $1.00 along with your final full regular payment. If you have a fair market value purchase option we will contact you directly to arrange your final payment. After your final payment we will forward a bill of sale.
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What are the End of Lease options at the end of the lease?

MaxPro Leasing - FAQ
You have a few flexible options to choose from; you may purchase the equipment for its purchase option amount, renew the lease for a specified period of time, or return the equipment with no further obligation.
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What should I do at the end of my lease?

Infiniti Financing - Lease FAQ - Infiniti USA
Begin considering your options several months before the end of your lease term. Click on "End of Lease" to get step-by-step instructions for the end of your lease. If you decide that you’d like to purchase your current Infiniti, simply visit your Infiniti Retailer prior to the end of your lease term. They'll discuss what your available options are and, in addition, you can arrange financing for the purchase of your current Infiniti vehicle.
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How do I calculate my own lease payment?

E46 FAQ by Kris Linqusit
The depreciation calculation is simply obtained by first calculating the residual - multiply the M.S.R.P. by the published percentage offered by the leasing company (e.g. BMWFS 65% for 15k/yr 328i)... Next, subtract the residual from the adjusted cap cost which is the "selling price" (+) the bank fee and luxury tax (if applicable)(-)any cap reduction. Then simply divide that amount by the term of the lease to obtain the "monthly" depreciation. The "rent charge" calculation is also very simple.
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Is The Payment For The Lease Once Only?

FAQ
Yes, with a legitimate lease you only pay for it once and have the right to sell the lease on in most cases. If the lease is for 5 years then at the end of the 1st 5 year term you do not have to pay again for the lease, the lease should be renewable with the usual rent review.
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My lease is about to end. Can the landlord increase my rent?

VDACS - Office of Consumer Affairs - Landlord-Tenant Frequen...
Landlords can increase rental fees at the end of the lease period by any amount they choose. There is no cap on the amount of increase. You should contact your landlord prior to the end of the lease to determine if there will be an increase and, if so, how much. Landlords should give proper notice prior to the end of the lease if the rent will increase.
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What happens at the end of the Lease?

Car, truck, marine, specialist vehicle and plant or equipmen...
Easy, most client normally choose to update their current vehicle, either with a New or a Late Model Used Vehicle, however if the current vehicle is still suitable you also have the option to "roll" into another lease term using the disclosed residual value to calculate the new payment structure, If however you no longer require a vehicle you can either ask us to dispose of the current vehicle or sell it yourself, all profit gained from the sale of the vehicle is rebated back to you, the end use.
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Can I move out earlier than the end of lease date?

Frequently Asked Questions - Peninsula Residential Prospecti...
In exceptional circumstances and where a replacement resident is found, residents can vacate earlier. From 2006 rent from date of arrival will be recalculated at the standard rate (refer Fee Regulations). Residents vacating at the end of the period, but prior to the expiry date, are required to pay rent to the end of the Agreement period.
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How do I return my keys at the end of my lease?

ICM Properties
If your lease is expiring and you need to return your keys, please drop them off at the ICM main office by no later than midnight on the last day of your lease. Be sure to remember to include a self-addressed-stamped-envelope for the return of your security deposit.
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How & when will I get my security deposit back at the end of my lease?

ICM Properties
You must provide ICM with a business-sized self-addressed-stamped envelope for the return of your security deposit. Your deposit will be processed and refunded within 45 days after you move-out of your apartment.
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Do I have the right to end my lease early?

LawHelp State Frequently Asked Questions
If you (or a child living with you) have been the victim of domestic violence, sexual assault or stalking within the past 90 days, you have the right to be released from your lease or rental agreement with a 14-day notice, so you can move quickly.
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How can I end my lease with a 14-day notice?

LawHelp State Frequently Asked Questions
To end your lease with a 14-day notice, if you or a child living with you has been the victim of domestic violence, sexual assault or stalking within the past 90 days: a copy of a police report showing that you or a child living with you has been the victim of domestic violence, sexual assault or stalking; a statement from a law enforcement officer stating you have reported an act of domestic violence, sexual assault or stalking. See Sample Form 3
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What will my costs be if I end my lease early?

LawHelp State Frequently Asked Questions
If you end your lease early using a 14-day notice because you or your child has been the victim of domestic violence, sexual assault or stalking within the past 90 days:
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What happens at the end of the 9/11-year lease?

Faq
As the freehold owner you can choose to sell, use or rent out your property whenever you wish. Alternatively you can renew the lease with the management company. With the latter option, the terms of the lease will be discussed (duration, weeks of use, rental income, service charges ...) With time-share all you are purchasing are periods of time, which you can use within a given number of locations over a set term. Once the term has expired you own nothing.
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Can equipment be purchased at the end of the lease?

Help
Yes. Lessee can choose to continue to lease, purchase the equipment, or return equipment to the Leasing Company.
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What is the buy out at the end of the lease?

st National Capital Funding - Equipment Leasing Services
You have a variety of options available to you. These include Fair Market Value (FMV), $1 Buy Out, and Fixed Percentage (10% or 20%) Purchase Options.
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FAQ - Rapid Prototyping System Finance - NCP Leasing
Financial Dimensions, our rapid prototyping newsletter, provides insight and analysis with a financial perspective
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What happens at the end of the lease term?

ML Financial
Unless you have chosen a fixed purchase option such as $1.00 buyout, you are responsible for returning the the equipment in good working condition within 30 days of your last payment due date. If you do not return the equipment, you are billed monthly. If you did choose a fixed purchase option, you must exercise the selected option within 30 days of the last payment due date.
Related Questions

Where is the vehicle turned in at the end of the lease?

Car Lease Transfer - Short term Used Auto Leasing
In almost all cases, leasing companies allow the new lessee to return the vehicle to a local dealership.
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Can my landlord kick me out at the end of my lease?

Welcome to Hitchcock Wright & Partners
No. You are protected by legislation. Your landlord can renegotiate the terms of the lease if he complies and it is essential that you also respond in the correct way so that you do not loose the protection which you have. You really need an expert at your side to ensure that your interests are protected and that the terms of the new lease and rent go no further than the landlord is entitled. As with the previous question, don't leave it too late to consult.
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Can I buy the vehicle at the end of the lease?

AADA Lease Exchange Network: Ottawa's only auto leasing serv...
Each leasing company and manufacturer has their own set of rules and regulations. In most cases we will be able to verify that for you.
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What are the options at the end of the lease?

OFC Capital
The Lessee may purchase the equipment for its purchase option amount, continue to lease, or return the equipment with no further obligation; this is determined before the lease begins.
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Lease-end charges, who is made responsible?

Easy Lease Trader - General FAQ
The responsibility of all lease-end charges lie with the lease buyer at the termination of the contractual lease-end period. The lease buyer taking over the reminder of the in-progress lease is made liable by ways of the terms included in the official contractual documents; The Finance/Leasing Companies charge a range of fees relating to excess mileage charge and excess wear and tear fees so EasyLeaseTrader.
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