Your lease transition
A note for balloon customers
As a balloon customer
When you signed your balloon contract, you automatically became the owner of your vehicle. At the end of your contract, you’ll have two options:
1. Sell back and return your vehicle
To transfer ownership back to Volkswagen Financial Services (in addition to the same steps as for a lease), you will need to complete and return both a Power of Attorney form and Motor Vehicle Sales Agreement.
Please note that a Power of Attorney form is required for each party listed on the title. Both forms will be mailed to you separately approximately 90 days before your term ends, shortly after receiving your Wear & Use Guide. Simply sign the forms in front of a licensed notary and send back to us. In the Power of Attorney form, leave the current mileage and appointed attorney lines blank.
Prior to returning your vehicle, please send your Power of Attorney form(s) and vehicle title (if applicable) to:
Volkswagen Financial Services
Attn: Lease End Operations
3800 Hamlin Road
Auburn Hills, MI 48326
2. Pay off your balance as one lump sum payment
You may also have the opportunity to refinance your vehicle. Refer to your balloon contract addendum for details.
