Park Avenue BMW
Park Avenue BMW

End of Lease

The End and the Beginning of an Adventure

After driving your BMW for thousands of kilometres, the end of your lease is approaching, and the fate of your vehicle is in your hands. Available at all times, an agent from our team of end-of-lease assistants is dedicated to you to accompany you through the next steps and answer all your questions. This will allow you to make the best decisions according to your needs and your budget.

Your Personal Lease Assistant

Your direct line for any questions about your vehicle. And since you are dealing with a Groupe Park Avenue dealer, you have access to its services completely free of charge.

An Attentive Ear
An Attentive Ear

Above all, your personal lease assistant wants to hear what you have to say. No matter what worries you, he tries to understand your needs first.

In
In "Solution" Mode

Specialist in the field, your personal lease assistant knows which resource you should be directed to in order to settle everything as quickly as possible and allow you to regain your peace of mind.

Always There
Always There

At any time during your car lease or following your purchase, your personal lease assistant is there on demand to help you and make sure your vehicle always meets your needs.

Your Options at the End of the Lease

Several possibilities are available to you at the end of your lease. To make sure you make the right choice based on your needs and the true value of your current vehicle, contact your personal lease assistant.

Choosing a Brand-New BMW
Choosing a Brand-New BMW

Constantly evolving, the performance and technologies of the BMW range continue to stand out and the number of hybrid and electric models continue to increase. Take advantage of our loyal customer benefits and switch to a new BMW.

Keep Your Current BMW
Keep Your Current BMW

Whether it was love at first sight or the passion gradually ignited, you can buy or finance your current vehicle for the amount stipulated in your lease.

Pre-Owned Vehicles
Pre-Owned Vehicles

Although they already have kilometres on the clock, our used vehicles can certainly give you a few thousand more! Also consider our certified pre-owned BMWs to gain exclusive benefits.

Return the Current Vehicle
Return the Current Vehicle

As provided in your lease, you can simply return the vehicle to the dealership of your choice and so your BMW driving adventure will end.

Loyalty Program

Exclusive Loyalty Offer on All New BMW Models

Take Sheer Driving Pleasure® to the next level behind the wheel of a new vehicle from our latest range of BMW models. Eligible customers† who lease or finance a new BMW vehicle from BMW Financial Services Canada may receive a 0.75% loyalty rate reduction* OR a loyalty purchase credit**.

Milestones

The end of your lease agreement will take place in a few simple and easy steps. As a general rule, the sooner you start the process, the better your alternatives will be.

1 - Initial Contact

A few months before the end of your lease, your dedicated end-of-lease assistant will contact you in order to introduce themselves and offer you their services.

2 - Preparatory Meeting

During this first meeting, your assistant will try to understand your situation better and advise you on the best strategy to adopt for the inspection and your choice at the final stage.

3 - Inspection of the Current Vehicle

In the weeks leading up to the end of the lease, your assistant will help you prepare for the inspection that will identify cosmetic and mechanical damage to the vehicle and save some additional costs, if possible.

4 - Choosing a New Vehicle or Returning the Current Vehicle

The Park Avenue BMW Loyalty team will help you evaluate all the possible avenues and guide you towards the best alternative according to your needs and your budget.

* The rate reduction is valid for all new and unregistered BMW vehicles that are leased or financed with BMW Financial Services Canada on approved credit. The interest rate reduction of 0.75% is available for certain contracts up to 84 months. The rate reduction may be combined with certain other offers. OwnersChoice® is not available in Quebec. Certain conditions apply. For full details, contact Park Avenue BMW.

** Purchase Credit is valid for all new and unregistered BMW vehicles that are purchased from an authorized BMW dealer in Canada. Purchase credit offers may be combined with certain other offers. Purchase credit varies by model and is subject to change without notice. Limit of one (1) credit per vehicle. Offer ends December 31, 2020. Certain conditions apply. For full details of this offer, consult Park Avenue BMW.

† Eligible customers are those who meet one of the following three criteria: current owner of a BMW/MINI vehicle from model years 2012 to 2021; OR current owner of a BMW/MINI vehicle from a model year prior to 2012 only if it is actively contracted with BMW Financial Services; OR former owner of a BMW/MINI vehicle who terminated his contract with BMW Financial Services within the last three (3) months.