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Security Deposit and Lease Payoff

Payoff

Is my security deposit deducted from the payoff amount of my leased vehicle? If not, when will I receive it?

Security Deposits are typically mailed to you.

Payoffs are usually quoted without deducting your security deposit. Your security deposit will be returned to you after we have received your payoff check and processing has been completed, which could take up to 14 business days.

If a dealer is paying off your account as part of the purchase or lease of another vehicle, this process can vary. For additional detail, you can contact us at 1-877-272-7774.