Are You
Currently Leasing Your Car?
Want To
Keep The Car You Already Know Instead Of
Buying A New Car.
Get A
Lease Buyout Auto Loan And Keep Your Car.
You May Be Able To
Buyout Your Lease For A Lower Payment Than You Are Paying Now.
Do you have an auto lease that is up soon?
Buying out your lease may be a smart move. You can rollover your lease into a low finance payment.
At the end of your lease you can purchase
the car for the residual, or lease end value. Determine the lease end
value by checking your original lease contract, or contact the
financial institution that holds the lease.
Compare this figure to the retail value of
your car at sites like Kelley Blue Book or Edmunds. If you can
purchase the car at or below current book value it is likely a good
deal for you. But if the residual value is substantially higher than
current book value it probably makes more sense to turn the car it at
lease-end.
Be sure to consider any mileage charges or
excess wear and tear charges. If you have to pay a large penalty for
mileage when turning in your lease vehicle then it may be better to
buy out the lease.
The advantages of buying out your lease car
are that you end up with a car that you know the history of. Plus
buying out your lease can be a big savings over purchasing a new car.
If you want to buy out your lease get an
online loan to finance your car.
Refinance your auto lease with Capital One Auto Finance
and end your lease now.
If you have never had an online auto loan
here is how the process goes. It's actually fast and simple.
