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This allows you to purchase the car at any time during the lease. The price typically includes the residual value plus the remaining monthly payments.
Are you considering a buyout for a or a vehicle lease ? Top 27 Lease Agreement Clauses To Protect Landlords
Many leasing companies charge a "purchase option fee" (often $300–$500) to process the title transfer.
Buying out a lease can help you avoid "excessive wear and tear" charges or "over-mileage" penalties if you've driven more than the contract allowed. 3. Key Benefits and Risks Risk/Consideration Flexibility
