The Purchase Option Fee

A small line on your lease that people skip: the fee many leases charge if you buy the car, and how to plan for it. Key takeaways: Many leases charge a fee to buy the car, set in the contract. It's separate from the residual value. Ask for it on your payoff quote so you compare the full number. Transcript: https://leaseendlive.com/lease-end-minute/the-purchase-option-fee/ Learn more about lease buyout financing at championautofinance.com. Champion Auto Finance is a NJ DOBI-licensed financing partner, not a lender, coordinating lease buyout financing for drivers nationwide. Approvals and terms are subject to lender underwriting. Nothing on this site or in these episodes is legal, tax or financial advice.