Lease ending
Lease equity.
If the car is worth more than your buyout, the difference is yours.
Example, for illustration only
Amount
Our offer for the car
$40,000
Your lease payoff
$32,000
Your equity, paid to you
$8,000
Made-up round numbers, not an offer.
Who can buy your lease.
Your leasing company decides.
Lender rules change, sometimes without notice. We confirm on your contract.
Four steps.
01
Tell us your car
Plate, VIN or a photo of the VIN label, plus your leasing company.
02
See your route
Our offer, your payoff and whether we can buy directly from your leasing company.
03
Send your photos
8 guided photos on your phone. Once approved, your offer is locked.
04
Pickup and payment
Where we can buy directly, we pay the leasing company and send you your equity. If you bought out first, we pay you or your buyout loan.
If you buy out first.
Count these costs against our offer.
Purchase price
From your contract, plus any purchase-option fee.
Sales tax
Almost every state charges it on a lease buyout.
Title and registration
Your state’s fees to put the car in your name.
If our offer beats the total, you come out ahead.
Worth less than the buyout.
Handing it back is often better. Check your contract for mileage and wear charges first.
