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Even if you're certain you want to buy out your lease, buying at the right time might save you money. There are two types of buyouts: an end-of-lease buyout and an early lease buyout.
Whether you opt for a lease-end or early buyout, your leasing company should gather all the necessary documents to transfer ownership of the vehicle to you. These documents include the car title ...
Learn several differences between a lease payoff amount vs. buyout price when leasing a vehicle and explore your alternatives in different leasing scenarios.
When your car lease is up, you typically have two options: Return it or keep it. Many contracts add provisions that state you can buy the vehicle at a price set before you even sign the lease....
Lease buyout taxes are one of the costs that come with purchasing a leased vehicle. Learn how they work to properly plan for your buyout and avoid surprises.
Then, compare that figure with your lease buyout price. If the car's market value is less than the residual value, it's probably worth negotiating a better purchase price with the dealership ...
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