Frequently Asked Questions

A lease buyout allows you to purchase your leased vehicle at the end of the term, typically at a predetermined price in your lease contract.

You can avoid mileage overage fees, keep a car you love, and potentially save money compared to buying a new vehicle.

While a good credit score can help secure better financing terms, many lenders offer lease buyout loans for various credit levels.

In some cases, yes. While the price is often set in your contract, you may be able to negotiate with the leasing company or dealer.

Possible fees include a purchase option fee, taxes, registration, and financing charges if you take out a loan.