Knowledge Center

No matter where you’re at in life, obtaining and maintaining a car is a big commitment. Retirement, though, brings its own special considerations – and changes.

In a recent survey conducted through a third-party, Lease End found that only 53% of respondents felt fairly or completely confident in understanding their car lease agreement. 1 in 6 respondents didn't or weren't sure if they actually read through their lease agreement in full. 

Hello, drivers.

We're assuming that if you're reading this article, you have a leased car. And, if you do, you might be considering buying your leased car.

So, your leased car is damaged. Most lease contracts include coverage for approved, predictable maintenance, but usually won’t cover damage from accidents (like, say, a mailbox that appeared out of thin air). If you’d rather avoid disclosing the damage, or just like to work on your own cars, you might be wondering – can I repair a leased vehicle myself?

Read time: 6 minutes 

If you're nearing the end of your car lease and you want to keep your current ride, you might be wondering: can you extend a car lease?

The short answer is yes. 

But should you? That answer demands a more nuanced conversation. 

To make a fully informed decision about your end-of-lease options, you’ll need to know just a thing or two about your car’s residual value. We’ll try to keep things bite-sized here – we know you’re busy.

Read time: 8 minutes 

Leasing a car comes with its own set of financial considerations, one of which is equity.

In short, car lease equity is the difference between the vehicle's current market value and the remaining lease balance.

Understanding how equity works can help you make informed decisions about your leased vehicle, so we’ll go over, in detail, what exactly equity is and how it’s calculated.

On our blog, we've mentioned some outrageous fees dealerships can charge customers when entering or ending a car lease. The truth is, most of the time these unnecessary fees won’t be obvious. They may even seem like a good idea after a quick glance and sly explanation from your salesperson. Unfortunately, it sometimes takes a trained eye to notice these upcharges.

We’ve all been there – not sure where to start and feeling overwhelmed. (Car leasing can do that to you.)

“Buying or leasing or acquiring a car isn't difficult, but the dealerships have made it a long, drawn-out, anxious process. It doesn’t need to be that way. Consumers can educate themselves online to find exactly what they want. And once they know what they want, the actual purchase should be as easy as walking into a store and buying something right off the shelf.” – Brandon Williams, Lease End CEO

Read time: 4 minutes

We really hope you’re reading this out of pure curiosity. But if What if I crash my leased car? isn't a hypothetical question for you, hang in there — we’ve got you covered.