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car leasing (2)

Buying vs. Leasing

Read time: 6 minutes

Whether it was from your favorite financial advice column, the news, or that one uncle that talks about the stock market too much, you’ve probably heard that buying a car is better than leasing. You may believe it, too, and we don’t blame you. For years, buying has been labeled as "the better option." 

Is it always, though?
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Buying Your Lease Out is a Great Idea Right Now - Why?

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?

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4 Things to Know Before Buying Out a Leased Car

Person looking at a checklist on computer
Read time: 11 minutes

Have you fallen in love with the car you've been leasing? Maybe you want to take advantage of the equity you've put into lease payments and transition into car ownership.

Or maybe, unfortunately, you've been in a car accident and are looking for a pathway out of your lease so you're not charged additional damage fees.  

Whatever your reason for considering a lease buyout, you've come to the right place for all of the answers to your questions. We'll walk you through the most important things you need to know before buying out your lease — and empower you to make the best choice for your situation.  

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