Auto Lease Buyout
No branch visits necessary
DMV fees and taxes can be financed
Fast and easy process
BUY YOUR LEASED CAR THE EASY WAY
LAPFCU makes auto lease buyouts fast and stress-free with an online application and a competitive low-rate loan.* Skip the DMV, because we do all the work for you! We'll even handle any taxes and fees by rolling them into your financing.
WHY BUY OUT YOUR LEASE?
- Save! Avoid costly mileage and wear-and-tear penalty fees.
- Save More! The buyout price may be less than the car’s market value.
- Peace of Mind! You know the car’s maintenance history.
- Hassle Free! No negotiating for a new car or returning a leased one.
READY TO OWN YOUR CAR?
Start your lease buyout now with a low-rate auto loan.
FAQs
A lease buyout lets you purchase your leased vehicle at its estimated value, based on depreciation and market conditions. You’ll also pay sales tax, registration, and fees. A lease buyout is also commonly referred to as a lease-end buyout or residual-value buyout.
You can buy out your lease at the end of the lease term. Some companies allow early buyouts, but penalties or fees may apply. Contact your leasing company for details.
You’ll need the vehicle buyout package from your lease company, your driver’s license, the vehicle registration, and the mileage.
No, LAPFCU can only process lease buyouts for vehicles titled and registered in California.
No, LAPFCU does not finance private-party lease buyouts. They are considered third-party transactions.
No, some leasing companies, like Ford and Lincoln, require you to buy out the lease through the dealer.