Lease End Options at Patrick MINI in Schaumburg, IL.

To help make the process simple, we at Patrick MINI have helpful information for you – no matter what you plan to do.

BENEFITS OF LEASING.

Leasing can be the most financially advantageous way of driving a MINI. Perhaps that’s why more than half of MINI drivers lease. Patrick MINI is committed to providing the most competitive leasing programs, so you can drive a larger, more powerful, better-equipped MINI.

Leasing does not require the same cash commitment; you only pay for the value of the vehicle you use during its lease. And, at the end of lease term, you have the flexibility to turn in your MINI for another, re-lease for an additional term, buy at set agreement price, or turn in and walk away. Leasing with MINI Cars of North America adds the security of keeping it all under one roof. From test drive to lease end, the MINI family meets all your automotive needs.

And since there is nothing like driving a new MINI, we are going to help make it easier to stay behind the wheel.

 

YOUR THREE END-OF-LEASE OPTIONS.

STEP 1 – CONTACT PATRICK MINI.

Browse through Patrick MINI Inventory to decide which series and style is right for you. Whichever vehicle you choose, MINI Financial Servicess provides financing options to ease the transition.

MINI Cars of North America may occasionally offer existing lease customers special incentives to terminate their lease contract early by waiving the remaining payments. These special programs are a perfect opportunity for you to into a brand new MINI . Contact a Sales Associate for Lease Pull Ahead Program qualifications and availability.

STEP 2 – EVALUATE YOUR CURRENT MINI.

If you wish, visit Patrick MINI for a pre-inspection, 90-120 days before the end of your lease. Patrick MINI will review your vehicle’s condition and provide an estimate of any charges. Please contact Patrick MINI to schedule an appointment.

The final inspection of your vehicle will take place roughly 60 days before the expiration of your lease. An independent inspection company will contact you to arrange an appointment at your convenience, where they will evaluate the condition of your MINI and ensure that you receive a fair and impartial assessment.

The independent inspector who conducts the mandatory End-of-Lease inspection can determine whether or not your vehicle has any excess wear and use. Any damage to your vehicle that is deemed to be excess wear and use is chargeable.

STEP 3 – IF NECESSARY, REPAIR YOUR CURRENT MINI.

If there is any excess wear and use present, you will receive an estimated cost for repair shortly after your vehicle inspection. To ensure that the repairs are acceptable, we recommend for your convenience having them completed here at Patrick MINI. You will be required to forward your repair receipts to MINI Cars of North America to ensure that your maturity billing is updated accordingly. Or, if more convenient, you can choose to return your vehicle as is and pay any outstanding charges at that time. Our Sales Associates can assist with either option you choose.

For you, the best way to celebrate the end of your MINI lease might just be to keep the very vehicle you’ve come to love and trust. If so, you have three options to consider. You may purchase your vehicle outright for the purchase option price or finance the amount remaining with MINI Cars of North America.Both choices absolve you of any and all excess wear and use and excess mileage charges and allow you the freedom to customize your vehicle precisely to your liking. Your third option is to re-lease your current MINI. Please contact a Patrick MINI Sales Associate who can help find more purchase, financing, and leasing options than you could have imagined. We’ll make it as easy as possible for you to own or re-lease the MINI you have now, and be able to upgrade to another MINI in the future.

STEP 1 – EVALUATE YOUR CURRENT MINI

If you plan on returning your vehicle, visit Patrick MINI for a pre-inspection, 90-120 days before the end of your lease. Patrick MINI will review your vehicle’s condition and provide an estimate of any charges. Please contact Patrick MINI to schedule an appointment with our product specialists.

The final inspection of your vehicle will take place roughly 60 days before the expiration of your lease. An independent inspection company will contact you to arrange an appointment at your convenience or you can always reach out to Patrick MINI Product Specialist to schedule an appointment, where they will evaluate the condition of your MINI and ensure that you receive a fair and impartial assessment. Any damage to your vehicle that is deemed to be excess wear and use is chargeable.

STEP 2 – IF NECESSARY, REPAIR YOUR CURRENT MINI

If there is any excess wear and use present, you will receive an estimated cost for repair shortly after your vehicle inspection. To ensure that the repairs are acceptable, we recommend having them completed at Patrick MINI or at any authorized MINI Retailer. You will be required to forward your repair receipts to MINI Cars of North America to ensure that your maturity billing is updated accordingly. Or, if more convenient, you can choose to return your vehicle as is and pay any outstanding charges at that time.

STEP 3 – RETURNING YOUR MINI

Please contact a Sales Associate at Patrick MINI and schedule an appointment to return your vehicle on or before your lease maturity date. Patrick MINI will review the condition of your vehicle and confirm that the necessary repairs have been made. You and Patrick MINI or your Retailer will sign a Vehicle Return Confirmation form to validate that the return process is complete.

The end of one great journey is the beginning of another.

As the lease on your current MINI is scheduled to mature, it’s time to start thinking about what you intend to do with your vehicle. Our Sales Associates are available to help you through your options. Feel free to contact your sales associate to go over your options.

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