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When your car lease expires, purchasing the vehicle may be a good option if you grow attached to it and want to continue driving it. However, similar to buying a vehicle, a lease buyout comes with ...
At least 60 days before the end of the lease, decide whether you plan to buy out the current lease on your Ford or return the vehicle and get a new truck, SUV, or electric car.
You can buy out a lease when the lease period ends, or before. Financing is available, and you should talk to a variety of finance companies to get the best terms.
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Buy it. Figure out a lease buyout for your vehicle and calculate your payoff amount in four easy steps with this handy guide. How to figure out a lease buyout in 4 easy steps
An employer may "buy out" an employee's contract by making a single prepayment, so as to have no ongoing obligation to employ the person; A landlord may buy out the remainder of a tenant's lease, effectively paying them to vacate. A government may buy out homes in a floodplain or other area subject to hazard.
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