Life in the armed forces can be rewarding, but it can also be challenging. That’s especially apparent in the uncertainty surrounding station assignments. Since it’s that time of year, we’re addressing some common concerns for lessees and buyers who’ve recently received a PCS and are wondering what to do with their vehicles. The Hall Chrysler Dodge Jeep RAM Virginia Beach team is here to help with this brief guide.
If You’re Being Transferred in the U.S.
If your next assignment is within CONUS, you’ll have a few loose ends to deal with, but they’re straightforward. Whether you’re leasing or have a loan, other than updating your contact information and perhaps payment details (if, for example, you need to change banks), you won’t need to do much of anything.
If You’re Being Transferred Overseas
Things become a little trickier if your PCS takes you outside the Continental United States (OCONUS). The first thing to do for a lease or loan is to get in touch with your lender or the dealership. There you will be able to learn about your options. Some lenders and loan companies offer provisions to service members going overseas, and this could include making modifications to payments or terminating a lease early without any penalties.
Should You Bring Your Car with You?
If you love your car, you may not want to be without it. While bringing it to another country might be possible, it’s important to look into the logistics. Loan and lease contracts often forbid overseas transfers, and even if the car is paid for, the shipping, customs duties, and other expenses can be prohibitive.
Get Answers for Your PCS
A PCS can be hard enough without having to deal with a car situation. Any questions or concerns? We encourage you to call or visit for Chrysler financial and lease advice.