End Of Nissan Lease
1. Purchase or Lease a New Nissan
You loved your old Nissan so much you would like a new one! That's great news! We are more than happy to assist you in your Nissan replacement. Leasing a Nissan should be a fun and stress free experience. Also, loyal Nissan customers get the benefit of NCFS' (Nissan Canada Financial Services) Preferred Customer Retention Program.
2. Purchase your Current Leased Vehicle
You just can't imagine giving up your Nissan. You want to stay a part of the Waterloo Nissan family. We are more than happy to assist you moving forward. We do our best to make your "Lease Buyout" an easy and seamless process. If you purchase your leased vehicle, there will be no excess kilometer or excess wear & tear charges. Incidentals include the cost of all governmental or other regulatory fees and taxes and all safety standards, emissions and other required certification incurred in connection with the purchase of your vehicle and the transfer of ownership of the vehicle to you. Should you choose to purchase, and require a purchase loan, NCFS may be able assist you with your financing needs.
3. Return your Nissan
We are sad to hear you will no longer be with the Waterloo Nissan family. Regardless, we will make this process easy and seamless for you.
NCFS's Customer Remarketing Department will contact you via telephone approximately 30 days prior to maturity to answer any questions that you may have.
Prior to your maturity date, it is strongly recommended that you contact Waterloo Nissan to schedule an appointment to drop off your vehicle. You should give yourself plenty time to investigate and explore all of your lease end options to ensure that you make a knowledgeable, well informed decision. Waterloo Nissan will ground your vehicle in your presence using an internal website. At time of drop off, Waterloo Nissan will print off an NCFS Grounding Receipt to be signed by both you & the Dealership. This form is a receipt acknowledging the date that you returned the vehicle. The grounding receipt is not a vehicle inspection report. An independent 3rd party inspector will complete a detailed condition report within 48 hours of grounding. The condition report is then used by NCFS to determine whether the vehicle has suffered excess wear and tear charges or has been driven beyond the allowable kilometers which would then be charged to you.
To avoid any unpleasant surprises or excess wear and tear charges, it is highly recommended that any potential excess wear & tear issues be remedied by you prior to grounding the vehicle.