2021 Canada End of Lease Guide Cadillac English
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LEASE-END GUIDE Prepare for your next Cadillac experience. IT'S TIME FOR A NEW JOURNEY You're used to looking down the road. With your lease nearing its end, we're here to help you find your next Cadillac. In this guide, you'll find the tools you need to successfully navigate the lease-end process. Or, visit gmfinancial.ca/en-ca/lease-end.html WHAT SHOULD YOU DO WITH YOUR WANT TO CONTINUE THE CURRENT LEASED CADILLAC? CADILLAC EXPERIENCE? • Purchase or lease a new Cadillac and GM have many new and exciting Cadillac or GM vehicle models available and you may become eligible • Purchase your current leased vehicle to receive incentives toward the lease or finance of a new Cadillac or GM vehicle. • Turn in your leased vehicle TABLE OF CONTENTS 03 YOUR LEASE-END OPTIONS 04 TRADE IN YOUR VEHICLE 05 TURN IN YOUR VEHICLE 06 SELECT YOUR NEXT CADILLAC 09 SCHEDULE YOUR INSPECTION 10 REVIEW YOUR VEHICLE’S CONDITION 14 FREQUENTLY ASKED QUESTIONS 15 CONTACT US 1 ESCALADE SPORT 2 YOUR LEASE-END OPTIONS OPTION 1 OPTION 2 OPTION 3 Turn in your Cadillac and Purchase your leased Cadillac Turn in your vehicle purchase or lease a new Cadillac or other GM vehicle Are you ready for your next Cadillac? You can purchase your leased Return the vehicle to the Cadillac Visit your nearest Cadillac dealership to Cadillac at any time during your dealership where you leased it. test-drive the vehicle that’s right for you. lease period. Here’s how: Remember to bring your owner’s This is also a great time to discuss excess manual, extra set of keys and any other kilometres and your vehicle’s condition. accessories that came with the vehicle. 1. Make an appointment with the 1. Contact the Cadillac dealership where 1. Take some time to review Cadillac dealership where you you originally leased your vehicle your vehicle’s condition. originally leased your vehicle. to discuss financing options. 2. A complimentary vehicle 2. Select your next Cadillac or other 2. Contact your dealership or call inspection will be arranged and GM vehicle and discuss which GM Financial at 1-800-668-9777 to performed by a GM Financial- financing options are best for you. request your purchase option price. authorized inspection company. 3. Turn in your vehicle, or structure 3. Follow the instructions provided 3. Make an appointment to turn in your new financing to use your to complete your purchase. the vehicle at your originating current vehicle as a trade-in. Cadillac dealership. 4. Consider purchasing or leasing a new Cadillac or GM vehicle. 3 TRADE IN YOUR VEHICLE If you are facing excess kilometres or wear-and-tear charges, but are interested in LIFE IS FULL driving a new GM vehicle, discuss trading in the leased vehicle at your originating Cadillac dealership. • Schedule an appointment at the Cadillac dealership OF CHOICES where you leased your vehicle • Explore your trade-in option in detail and determine if you have any equity in your vehicle • Work with your dealer to structure your new lease or finance to incorporate your current vehicle as a trade-in 4 TURN IN YOUR VEHICLE Once the vehicle inspection and any repairs are completed, please You may receive a final invoice within 60 days of returning your make plans to turn in your leased vehicle at a Cadillac dealership. lease vehicle that could include excess wear-and-tear charges, excess kilometre charges and any remaining lease liabilities on your account. • Set up an appointment with the dealership We encourage you to discuss the potential lease-end charges with your where you leased your vehicle GM dealer prior to turning in the vehicle, or contact GM Financial at • The dealer should provide a “Vehicle Turn-In Receipt” to you 1-800-668-9777. • This receipt confirms that your vehicle is turned in and verifies the kilometres at return 5 SELECT YOUR NEXT CADILLAC YOU DESERVE ASK YOUR CADILLAC DEALER FOR MORE INFORMATION THAT NEW CAR ON THESE AND OTHER EXCITING NEW VEHICLES. SMELL AGAIN. XT4 CT4-V XT5 CT5 Find the new Cadillac or GM vehicle that is just right for XT6 CT5-V you. Visit Cadillac.ca or GM.ca to learn more about the CT4 Escalade/ESV latest models available from Chevrolet, Buick, GMC and Cadillac. You can even build your next vehicle online at each brand’s website. And don’t forget to ask your Cadillac dealer about current offers and incentives. 6 7 8 SCHEDULE YOUR INSPECTION Inspection Checklist J Clean your vehicle inside and out Make sure all equipment CONVENIENCE is present, including: J All keys and key fobs IS KEY J Owner’s manual J Third-row seats (if applicable) Prior to turning in your leased vehicle, you After any repairs are completed and before J Other accessories included should complete a complimentary pre-return turning in your leased vehicle, please mail, in the lease package inspection, which will be performed by a GM fax or email repair receipts to GM Financial, Financial-authorized inspection company. When so a credit can be applied to your account. J Original manufacturer wheels the inspection company contacts you to schedule at the time of the lease the inspection, scheduling it at the Cadillac If you elect to not repair excess wear and tear, J Power charging cables dealership where you leased your vehicle is a great those charges will be billed to your account, for electric vehicles option. You can also schedule it at home or work. and an invoice will be mailed to you. Remove your personal During the inspection, the inspection agent will belongings, such as: review your vehicle’s condition and identify any J Sunglasses excess wear and tear. You will receive instructions J Parking passes on how you can access your report online. SEND REPAIR RECEIPTS TO: J Garage door openers By scheduling an inspection at the Cadillac GM Financial J Aftermarket wheels dealership where you lease your vehicle, your J Clear navigation of all dealer can suggest helpful repairs to minimize Attn: Wear and Tear Department saved addresses, erase your out-of-pocket expenses. Your dealer can also 2001 Sheppard Ave East, Suite 600 Toronto, ON M2J 4Z8 programmable garage help you determine what repairs may be covered door codes, and delete all Fax: 1-866-497-7477 under the vehicle’s manufacturer warranty. saved phone numbers [email protected] 9 REVIEW YOUR VEHICLE’S CONDITION FOR THE UNEXPECTED BUMPS ON THE ROAD During a vehicle’s life, some wear and tear is expected and considered normal. The next several pages of this guide summarize the most common wear-and-tear items and give you an idea of what we consider normal use. Using the information in this guide, you can review your vehicle’s condition. This guide is here to identify any items that may be considered excess wear and tear and result in charges. For questions about additional items not covered in this guide, contact GM Financial at 1-800-668-9777. XT4 Sport 10 Interior NORMAL WEAR EXCESS WEAR Carpet Any removable stains. Permanent stains. Upholstery No upholstery holes Any interior upholstery on seats or carpet. holes, cuts or tears. Mechanical items Any malfunctioning All mechanical or nonoperational items functional. equipment. 11 Exterior NORMAL WEAR EXCESS WEAR Dings and dents • Panel dents or dings • Fewer than four dings 2.5cm in diameter or or dents less than greater, or that have 2.5cm in diameter per penetrated or cracked panel that have not the paint surface. penetrated or cracked the paint surface. • Hail damage or punctures on any panel. Scratches • Panel scratches • Panel scratches that less than 10cm in have penetrated length that have not or cracked the penetrated or cracked paint surface. the paint surface. Glass • Chips (including • Chips (including legs) equal to or legs) less than 1cm in greater than 1cm in diameter anywhere diameter anywhere on the windshield. on the windshield. • Maximum of three • Windshield is cracked chips allowed. and/or broken. 12 Wheels & Tires NORMAL WEAR EXCESS WEAR • Tread depth greater than • Tread depth equal to 3mm at the shallowest point or less than 3mm at (including spare tire). the shallowest point. • Tires must match • Tires have gouges, manufacturer’s cuts or sidewall plugs. recommendation guidelines. Wheels with scratches. • The two tires on each • Mismatched tire size. axle match in type The two tires on each and brand name. axle do not match in type and brand name. • Original manufacturer wheels. • Studded tires. Winter/snow tires are acceptable on vehicles returned Nov. 1–April 15, but must Other meet the above-mentioned requirements NORMAL WEAR EXCESS WEAR • No missing equipment • Any missing equipment or broken parts. (including keyless entry remote) or broken parts. • Any replacement part that meets manufacturer’s • Any replacement specifications of equal part that does not quality and design. meet manufacturer's specifications of equal quality and design. 13 FREQUENTLY ASKED QUESTIONS WHERE DO I RETURN MY VEHICLE? HOW CAN I OBTAIN A PURCHASE OPTION PRICE? The Cadillac dealership where you leased your vehicle is best Contact the Cadillac dealership where you originally leased your qualified to assist you with the lease-end process. If you have vehicle to assist with obtaining a purchase option price or call moved a significant distance since you leased your Cadillac GM Financial at 1-800-668-9777. Please have your account number vehicle, or you would like to turn in your vehicle at another GM or vehicle identification number available to help us quickly locate dealership, please contact GM Financial at 1-800-668-9777.