Car - Buy A Lease Return
Defines your residual value (buyout price), fees, and terms.
Contact the leasing company directly to get the payoff quote and request a direct buyout packet. This avoids dealer doc fees. buy a lease return car
Required by state and lenders to finalize the purchase. Defines your residual value (buyout price), fees, and terms
Necessary to transfer ownership from the leasing company to you. Defines your residual value (buyout price)
Use tools like Kelley Blue Book to check if your buyout price is lower than the actual market value.
Obtain this from the leasing company, not just the dealership. It includes the residual value, remaining payments, and any purchase option fees.
Contact your bank or credit union for a loan, which often has better rates than dealer financing.