LeasingGlossary
Lease Buyout
Purchasing your leased vehicle at the end of the lease (or earlier) for the predetermined residual value.
A lease buyout makes sense when the residual value in your contract is below the car's current market value — common for 2022-2024 leases. You can finance a buyout through a credit union or specialty lender, often getting a better rate than the leasing company offers.
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Where Lease Buyout matters on CarSavr.
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