Guide to Buying Your Car After a Lease Ends Purchasing a vehicle at the end of its lease—often called a —allows you to take full ownership of the car you have already been driving. This decision is primarily driven by the residual value , which is the predetermined purchase price set at the beginning of your lease agreement. 1. Evaluating the Financial Sense
The most critical step is comparing your contract's residual value to the car's current market value. A Step-by-Step Guide to Auto Lease Buyout Loans buy car after lease ends