Can You Return a Leased Car Within 30 Days?

Signing a lease can feel like a daunting commitment to some Idaho Falls drivers. What if you change your mind shortly after you sign it? Can you return a leased car within 30 days? What about sooner? Can you return a lease after 1 day? Sometimes our finance department has been asked, “Can I return a leased car within 3 days?” by customers who are under the impression that there is a grace period or cooling-off period. Let’s see what the law says and if it’s possible to cancel a car lease within 30 days.

Can I Return a Leased Car Within 3 Days in Idaho?

Jackson, WY drivers who ask, “Can I return a leased car within 3 days?” are generally under the impression that the law provides for a cooling-off period. However, the laws of the State of Idaho do not provide for a cooling-off period. So, whether you’re wanting to cancel a car lease within 30 days or some other period of time, there is no protection for doing so under the law. Does that mean you have no options?

Can You Return a Lease After 1 Day Under Extreme Circumstances?

Can you return a leased car within 30 days if you really need to? What if you’ve barely driven it off the lot? Can you return a lease after 1 day? Your lease agreement will outline conditions for early return. Usually, there is a penalty involved. Sometimes, the lessee is required to pay the entire lease amount. So, read your lease agreement carefully. And, if you have any questions, ask our finance department.

Is There Any Way to Cancel a Car Lease Within 30 Days?

Are there really no options to cancel a car lease within 30 days other than paying off the entire lease? It may be possible to sign your lease over to someone else who is willing to take over your payments. There may be a small penalty for doing this as well, but some Bozeman, MT drivers have found this to be the less costly option. Be sure to check your lease agreement.

Let the Finance Department at BMW of Idaho Falls Walk You Through Your Options

If you have any questions about your lease, talk to our knowledgeable finance managers. They’ll be glad to assist you in any way they can. If you’d like to learn more, check out our post on returning a leased car or take a look at our lease and finance offers. We’re right down the road from Butte, MT, so drop by or contact us today.