Find the residual value in your contract. This is the predetermined price at which you can buy the car at the end of the lease term.
Once payment is settled, the leasing company will transfer the title and registration to your name. Lease to Own Car: How to Buy Out Your Lease | Chase can you buy a car after leasing it
Buying your leased car involves a few straightforward steps: Find the residual value in your contract
You can pay the full amount in cash or apply for a lease buyout loan through a bank or credit union like Navy Federal Credit Union. Lease to Own Car: How to Buy Out
Use resources like Kelley Blue Book or Edmunds to see if the residual value is lower than what the car is currently worth on the market.
Call your leasing company or bank to request a "buyout packet" or payoff quote.