How to Return a Leased EV Without Incurring Extra Charges

How to Return a Leased EV Without Incurring Extra Charges

Dec 27, 2024

Dec 27, 2024

Returning a leased electric vehicle (EV) can feel like navigating a minefield. From potential damage fees to unexpected penalties, the process might seem daunting at first. But don’t worry! With a little preparation and attention to detail, you can sidestep extra charges and make the handover smooth and stress-free.

Here’s how to ensure your EV lease return is as hassle-free as possible.

What to Check Before Returning Your Leased EV

1. Inspect the Vehicle for Wear and Tear

Most lease agreements allow for “normal wear and tear.” But what does that mean? Scratches, small dings, and minor upholstery scuffs might be acceptable. However, larger dents, significant stains, or damaged upholstery can lead to charges.

Take these steps:

  • Walk around the vehicle and inspect every panel in bright light.

  • Check the tyres for uneven wear or low tread depth.

  • Examine the interior for stains, tears, or missing parts.

Tip: If you notice anything out of place, consider professional cleaning or minor repairs. This is often cheaper than what leasing companies charge.

2. Review the Lease Agreement

Your lease agreement is your roadmap. Take a close look at clauses related to damage, mileage limits, and any specific return requirements.

Key points to check:

  • Mileage cap: Exceeding the agreed mileage can result in hefty penalties.

  • Excessive wear and tear: Understand what qualifies to avoid surprises.

  • Return process: Some companies require prior notice or a scheduled inspection.

How to Stay Within the Mileage Limit

Many EV leasing companies in Singapore include strict mileage caps. Exceeding these limits can cost you anywhere between 10 and 25 cents per kilometre, which adds up quickly.

Here’s how to manage your mileage wisely:

  • Use a mobile app to track your mileage regularly.

  • Combine trips to minimise unnecessary driving.

  • Opt for public transport or shared rides for longer journeys whenever possible.

Staying within your limit isn’t just about avoiding penalties—it’s also kinder to the planet.

Get the EV Professionally Cleaned

Returning a spotless EV can make a big difference during the inspection. Leasing companies appreciate a clean and well-maintained vehicle.

Why a professional clean matters:

  • They remove deep stains, dirt, and odours you might not notice.

  • A polished car signals to the inspector that it’s been cared for.

  • It could help avoid disputes over minor wear and tear.

You could also add a coat of wax if the exterior looks dull—it’s a small investment that could save you money.

What Happens During the Lease Return Inspection?

The lease return inspection is where most extra charges arise. Knowing what inspectors focus on can help you prepare:

  • Exterior: Scratches, dents, and cracked lights.

  • Interior: Stains, odours, or missing features like floor mats.

  • Battery health: Some leasing companies assess EV battery condition, especially if the lease includes performance clauses.

To avoid surprises, consider getting a pre-inspection from a third party. This can give you a clearer idea of what to expect and allow you to fix any issues before the official check.

Avoid Common Pitfalls: Hidden Costs in EV Lease Returns

Returning an EV isn’t just about the car itself. Here are a few hidden costs to watch for:

  • Charging cables: Ensure they’re intact and included. Missing chargers can cost several hundred dollars.

  • Registration and road tax: Verify that all fees are settled before the return.

  • Incomplete paperwork: Any missing documents could delay the process and incur penalties.

Prepare a checklist of everything required, from the spare tyre to the user manual. Double-checking these small details can save big money.

How to Handle Repairs: DIY or Professional?

If repairs are needed before returning the vehicle, you’ll need to decide whether to fix it yourself or let the leasing company handle it.

When to DIY:

  • Small scratches or paint chips.

  • Replacing cheap parts like wiper blades.

When to go professional:

  • Large dents or interior damage.

  • Any issue involving the EV’s battery or charging system.

Tip: Always compare the cost of independent repair shops with the leasing company’s charges.

Plan Your Return Early

Rushed returns are a recipe for extra charges. Start preparing your EV at least one month before the return date. This allows you to:

  • Schedule inspections and repairs without pressure.

  • Shop around for cost-effective services.

  • Ensure the car is in the best possible condition.

Choose EVFY for Your Next Eco-Friendly Ride

Ready to return your leased EV? Why not upgrade to a service that prioritises sustainability and convenience? At EVFY, we take the hassle out of EV leasing. With our 100% electric fleet, you’ll not only enjoy zero emissions but also benefit from eco-efficient routes, maximising your savings and efficiency.

Don’t just return your car—start your journey towards a greener future. Reach out to EVFY today to explore our leasing options and make the switch to a more sustainable lifestyle!

Decarbonise your logistics and unlock efficiency with EVFY

Decarbonise your logistics and unlock efficiency with EVFY

Decarbonise your logistics and unlock efficiency with EVFY