Give Us a Call:
(888) 307-5197

How to Buy Out a Car Lease: Step-by-Step

Read time: 3 minutes 

Instead of returning your car to the leasing company, why not buy it and keep it as your own? With financing from our trusted partners and seamless facilitation by Lease End, it's easier than you think! 

End your lease, keep your car.  


Why buy your leased car? 

Save Money
piggy bank
Avoid disposition fees and wear-and-tear fees from the dealership. 

Drive Freely
Drive as much as you want without worrying about mileage overage fees.

No Surprises
car with heart
You know your car’s history and condition, making it a safer choice than buying addition to its reliability and great fit for your lifestyle. 

Access Your Equity
Keep your car forever or sell it when you choose. If the market value of your car is higher than the residual value, you have positive equity. 

Stay Home
person on couch with computer
Skip the dealership hassle and DMV trips. We handle it all for you. 

Get the Best Financing
money bag
With partners like Ally Bank, TD Bank, and Capital One, we'll find the right auto loan for you. 

The Financials: Expect the Best Buyout Loan Rates  

Check out our monthly payment calculator for an estimate based on your situation. Then fill out our form with all your info to get your official lease buyout loan for your car. 

While every driver’s monthly payment for a buyout will vary based on vehicle, residual value, credit score, and other factors, the average monthly payment for a lease buyout through Lease End is $481.59 — for context, the average new monthly loan payment in Q1 2024 for borrowers with the best credit was $723 according to Experian 

Your credit score plays a significant role in the interest rate you'll receive. If your credit has improved since you leased the car, you might qualify for a better rate than you did before.

Here’s a more granular look at the average monthly payment for buyouts of the following specific model types through Lease End in 2023:  

Volkswagen Jetta

Toyota Corolla

Honda Civic
Honda Accord
Honda CR-V

Toyota RAV4

Jeep Grand Cherokee 
Dodge Ram 1500

Toyota Tacoma
Jeep Wrangler

The Lease End Process: 4 Easy Steps  

Step 1: Tell us about your car. 

We’ll ask some easy questions about you & your lease to prepare for your purchase.  person hugging car

Step 2: View your loan & coverage options. 

Review your unique financing and customizable vehicle coverage options. 

car with money symbol

Step 3: Sign your buyout documents. 

We’ll prepare the documents you need and you’ll eSign securely on your Lease End account. 

signed paperwork

Step 4: Relax — we'll take it from there. 

We’ll arrange titling, registration, & new plates for you so you can skip the DMV trip. 

person sitting in chair with computer

The Alternative: Dealing with Your Dealer 

Sure, you can buy out your car at the dealership. Just be prepared to deal with additional fees, hassle, time, and energy.  Straight line to Lease End

Our driver reviews say it all.  

Make Your Move  

Picture your future self: you've successfully bought your leased car and are now the proud owner of a vehicle you know and love. You’re enjoying the freedom and flexibility that come with owning your car — at an affordable monthly payment.  

Lease End is here to support you through every step of the process, ensuring that your transition from lessee to owner is as smooth and stress-free as possible. 

Ready to go? Simply enter your VIN or license plate number to start your buyout online.  

Enter Your License Plate to Get Started.