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Trading In Your Leased Vehicle

In some instances, you may be able to trade in your leased vehicle towards the purchase or lease of a new vehicle.
Leased vehicle trade-in considerations:

  • A vehicle is only considered a trade-in when it is purchased from Wells Fargo by the dealer accepting the vehicle trade. If you trade in your vehicle, you must notify us of the return location within one business day of the trade-in.
  • Review your lease agreement and remember that all contractual obligations with Wells Fargo will remain your responsibility.1 Your contractual obligations end when we receive the full payoff amount.
  • Wells Fargo must receive the full payoff amount from the dealer on or before your scheduled termination date. Any difference between the payoff amount and the price the dealer is willing to pay is your responsibility.

Prior to trading in your vehicle:

  1. Call us to determine your payoff amount.

    • If your lease expires in the next 180 days, call a Lease-End Consultant at 1-800-559-3557, Monday – Friday, 7:00 am – 4:00 pm, Pacific Time.
    • If your lease expires in more than 180 days, call 1-800-559-3557 for an automated payoff amount.

  2. We will mail you a payoff letter and odometer disclosure statement. Payoff quotes are valid for 10 days.

  3. You or your dealer should send the complete payoff amount so we receive it within 10 days of your inquiry. We accept cashier's checks and other types of checks (for example, personal or corporate), but processing of other types of checks may take up to seven additional days.

  4. Mail your check, odometer disclosure statement, and the completed section of the payoff letter to:

    Wells Fargo Auto Finance
    PO Box 29715
    Phoenix, AZ 85038-9715

    or overnight to:

    Wells Fargo Auto Finance
    Auto Lease Payoff Department
    711 W Broadway Road
    Tempe, AZ 85282
1 If you currently reside, or have resided in the past in a state that assesses personal property taxes on leased vehicles, you will be sent a separate invoice when, and if, we receive the bill. This bill may arrive after you have received the final invoice of your lease or after you have purchased the leased vehicle.