What happens if I move to a different state with my leased vehicle?
If you end up moving to another state with a leased vehicle, you need to notify the company or the person you leased the vehicle from immediately.
You are letting them know immediately not just to change the billing address that needs to be used when you leave the state but because of the different sales tax rates from your previous original state where the car lease was signed to the new state you now live in. This also includes some amount of change in your complete payment. The taxes need to be paid completely, upfront, when you registered for the car in either the old location or the new location simultaneously.
If you go to a state where the taxes have complete solid values, which are the compilation of lease payments, you aren’t paying monthly sales tax. You need to check for the new department of motor vehicles which determines if you could get refunds or credit for some of the tax you have previously paid for.
Your tag fees and registration could also be different whenever you register the car in your new state.
You also need to notify your car insurance company of all of your moves. Your insurance rates could change due to the differences in the state insurance rates even if you stay with the same company in the new country, state, or region. In these cases, you might need to search for a new company to handle all of your car lease needs.
If you change and move to a brand new state, there are also many things you need to handle and think about. Your car lease is one of these crucial things you need to pay attention to.
You can move out of the state with a leased car. The thing is, you have to have some funds to do so. After telling either the company or the person that leased the car to you, you need to be able to keep paying the depreciation fees and the monthly car lease fees.
The company or the car leaser might be stressed out or worried that their vehicle is in another state far away from them that they might be unable to reach quickly and efficiently like they would have been if you were in the same state with them. This is what causes the increase in cost because you need to probably pay some funds to the company to either calm them down or let them know that their vehicle is in utterly safe hands.
It is best if the company also has a branch in the new state or region you move out to. This way, it would be easier to handle your transactions with the company.
Fort Lauderdale’s Most Trusted Car Leasing Company
If you’re looking for car leasing in Fort Lauderdale or the Miami area, Signature Auto Group Florida is the place to be. As a leading leasing broker, we help customers with early lease exits, lease swaps, new leases, and everything in between. With two decades of experience in the New York area collected, our company is confidently expanding its expertise to the South Florida region.
Becoming the go-to company for early lease exits in Miami and Fort Lauderdale is no easy task, but with our commitment to customer service led by a motivated staff, our entry is already favored by most. Standing by you every step of the way, our company strives to guide you in the right direction. Whether buying, leasing, or selling, a dedicated team member is here to attend and impress.
Along with our excellent staff, Signature Auto Group Florida offers a diverse array of services, separating itself from other car dealers in South Florida.
Car Leasing Florida
Serving areas from Aventura to Boca Raton, our reach is vast. As such, our inventory is built to serve all types of clients. With an impressive list of available cars for lease in Miami, we have a special vehicle for everyone.
Leasing a car is beneficial for many consumers. It provides a way to save on costs while evading any long-term commitments. Drivers remain open to the possibility of new vehicles, always able to keep their driveways fresh.
With our extensive industry knowledge and decades-long relationships, we’ve been able to build one of the most desirable inventories around. With most makes and models available, our lot is the only place you need to visit for your next lease.
Contact Signature Auto Group Florida Today!
Signature Auto Group is the best destination for car leasing in the Fort Lauderdale and Miami area. We offer an extensive inventory made up of all makes and models, along with an experienced staff dedicated to making your next visit pleasant and straightforward.
We aim to provide as many avenues of communication as possible, allowing you to interact with our team in a manner that is most comfortable to you. Regardless of the question, feel free to email us directly at email@example.com or use the built-in contact form. If you prefer a call instead, you can reach our team at (561) 709-2277.
You can also stop by our location to speak with us in person. We are located at 291 E Commercial Blvd, Fort Lauderdale, FL 33334.
Fort Lauderdale, Florida Car Leasing Return Center
If you have an car lease that is due to reach maturity, we at Signature Auto Group Florida can accept your lease return even if you did not lease it from us, all makes and models! Let us guide you through the process of turning in your current lease as well as provide all the information you need on leasing a new car.
If your lease is maturing soon, we suggest that a pre-inspection of your vehicle is conducted. This inspection will evaluate your vehicle’s condition using the Vehicle Condition Guidelines. After the inspection, we’ll provide you with a Vehicle Inspection Report, documenting your vehicle’s condition at that time. Save Big by returning your car with Signature Auto Group.
Fort Lauderdale, Florida Car Lease Transfer
A lease transfer works by allowing one driver to transfer their lease to another, who must qualify for credit approval with the finance company. A lease transfer is a simple process in which the name on a lease account is changed for the duration of the term. Other than the registered driver and the name on the lease, the remainder of the lease contract is unchanged. This includes mileage restrictions, wear-and-tear restrictions and the total length of the lease in months.
Fort Lauderdale Early Car Lease Buyout
Want to get out of your car lease early and into another car? Signature Auto Group Florida offers an early lease buyout program just for you. When you are leasing a vehicle, you can purchase your vehicle before the end of the lease contract. There are some instances when your car may be worth more on the market than your buyout price, and in this instance, you can actually make a profit!