If you’re currently leasing a car, you may have heard that it’s a really good time to be ending that lease. Maybe someone’s told you that it’s a good option to buy out and keep your leased car – or even sell it. We’ve talked about how to do that on our own site. But why is it a good time to do so?
auto leasing (2)
As you may have experienced firsthand, dealerships love to surprise their customers with fees. If you’re leasing a car (or at least thinking about it), you should know about the Consumer Leasing Act of 1976. This Act stipulates that all leasing costs – including end-of-lease charges – should be explicitly disclosed in the lease contract.
Here's to happy endings! We want to congratulate Barry and Theresa Barnett, the winners of our lease buyout contest! By choosing to buy out their Subaru Legacy lease through Lease End, they were eligible to "win" their car, which is exactly what happened!