New Lease on Life: 4 Ways to Prep for Retirement While Leasing a Car
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.
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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.
Read time: 4 minutes
If you're thinking about keeping your leased car, you're in the right place. Buying out a lease can be a great option for those who love their car and don’t want to lease again.
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.
Read time: 3 minutes
When it comes to leasing a car, the word "equity" might not be the first thing that comes to mind. However, understanding the equity you can build in a leased car can be a game-changer, especially when it comes time to decide whether to buy out your lease.
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.