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Refinance

Car Lease Buyout Loans - Purchase Your Leased Vehicle

Buyout Your Lease

If you like your vehicle and want to keep driving it, skip the car shopping hassle. Finance your lease buyout loan online and continue driving the vehicle you already love.

  • Quick online approval. Get pre-qualified in minutes.
  • Finance a lease buyout for your car, motorcycle, truck, or SUV instead of making a balloon payment.
  • No down payment required for qualified buyers.
  • Keep driving the vehicle you already know and trust.
Get Started Today

How Does Buying Out Your Lease Work?

 Review Monthly Payment Options with a RefiJet Agent

Review customized auto lease buyout options to find a monthly payment that’s affordable to you.

Choose the Length of the Lease Buyout Loan

Sometimes, a longer loan can help to reduce your monthly costs.

Determine the Interest That Applies to the Loan

Car lease buyout loans work like normal auto loans with interest based on your creditworthiness.

Keep Your Car at the End of Your Lease!

RefiJet will help you find a lease buyout loan that meets your needs so you can keep the vehicle you’re familiar with.
Security

There’s No Pre-payment Penalty!

You can pay off the loan early and save even more on the interest.

Benefits to Lease Buyout Loans with RefiJet

Why work with RefiJet?

Cutting-Edge Technology

Our industry-leading technology automatically and securely transfers data to get you the best rates in minutes.

Committed to Compliance

RefiJet is dedicated to following the letter of the law when it comes to compliance around consumer communications and data security.

Excellent Customer Service

With one of the highest customer service and consumer review ratings in the industry, your satisfaction is our top priority.

Helpful Resources

Frequently Asked Questions

How Can You Refinance a Lease Into an Auto Loan?
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There are benefits to leasing a car, especially if you like to change rides every few years. However, you may find yourself at the end of a lease driving a car you want to keep. If the car’s market value is higher than your specified lease buyout amount, you have positive lease equity and it could be a financially favorable choice to buy out the lease.
When Should I Buy Out My Auto Lease?
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RefiJet specializes in lease buyouts, and we do our best to ensure the easiest possible process when it comes to buying out your loan. We evaluate lenders for you, with your goals in mind, and match you with the best loan that you qualify for. Here is a breakdown of our loan buyout process:
How Does the Lease Buyout Process Work?
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RefiJet does our best to ensure the easiest possible process when it comes to buying out your loan. We evaluate lenders for you, with your goals in mind, and match you with the best loan that you qualify for.

Here is a breakdown of our loan buyout process:

  • First, we discuss the monthly payment options. Depending on the amount you owe, you may be surprised by how affordable your monthly payment could be.
  • Next, we will choose the loan parameters that suit your needs. A longer loan may make for a lower monthly payment, while a shorter loan will get it paid off quicker.
  • Then, we will discuss potential interest rates. There will be different options to fit most needs here, too.
  • There’s no prepayment penalty, which means you can pay off the loan early and save even more on the interest.
  • The entire process can be done quickly, allowing you to complete the buy-out quickly.

The entire process can be done quickly, allowing you to quickly secure your lease buyout loan.

How long does the lease buyout process take?
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The lease buyout process usually takes a few days to a couple of weeks, depending on how quickly your lender processes paperwork, title transfer, and funding. If you're financing the buyout, your loan approval timeline can also affect how fast it moves.

What's the difference between lease buyout and standard auto loans?
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A standard auto loan helps you purchase a new or used car upfront. An auto lease buyout loan helps you buy a car you’ve already been leasing, typically at the end of your lease. The loans work the same, but a lease buyout loan is used to purchase a car you’ve already been driving.

Do I need a down payment for a lease buyout loan?
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Most lenders don’t require a down payment for a lease buyout loan, but offering one can lower your loan amount, reduce interest costs, and help with approval if your credit isn’t strong.

Can I refinance a lease buyout loan later?
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Yes, you can usually refinance a lease buyout loan any time after it’s finalized. If your credit score or financial circumstances change in the future, refinancing could help you lower your monthly payment or get a better interest rate.

Learn More

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