Buy Out a Lease

Your auto lease is almost up, but you love your car. We offer low rates for lease buyout financing and terms to fit your needs.

Buying a leased car can be a great way to stay in the vehicle you love and get a great deal, too. We can help make it happen.

Low rates

Make lease buyouts even more affordable.

More flexibility   

Whether you need loan terms for 12 months or 120, we’ve got you.

More delight

Rated 4.8 out of 5 stars for driver satisfaction.

What will your lease buyout payment be? Get an estimate with our car loan calculator.

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  1. Contact your leaseholder- Ask your leasing bank’s representative or dealership for the amount needed to buy out the remainder of your lease.
  2. Apply online or over the phone- Gather the information you’ll need, including the amount to buy out the remainder of your lease.
  3. Get your loan approval- You’ll receive your loan decision fast in most situations – often within minutes and usually the same day.
  4. Finalize the sale- We’ll deliver an AutoCheck in the amount of your payoff. Your leaseholder will transfer the title to us until you’ve repaid your purchase loan. You’ll be responsible for registering your car at the department of motor vehicles (DMV) in your state.

Current Rates

Valid as of 05/19/2022 10:22 AM EDT 
Term APR* Monthly Payment Value (Minimum) Loan Amount (Minimum)
1-36 Months 2.74% $28.97/per $1000.00 $3,000.00 $1,000.00
37-48 Months 3.24% $22.25/per $1000.00 $6,000.00 $1,000.00
49-60 Months 3.24% $18.08/per $1000.00 $8,000.00 $1,000.00
61-72 Months 3.24% $15.31/per $1000.00 $12,000.00 $1,000.00
73-84 Months 3.74% $13.56/per $1000.00 $20,000.00 $1,000.00
85-120 Months 8.24% $12.27/per $1000.00 $40,000.00 $40,000.00

*APR denotes Annual Percentage Rate

Rates reflect a .25% Annual Percentage Rate (APR) reduction for Automatic Payment Service and loan amounts up to 100% of the retail value of the vehicle. Your rate will increase if you discontinue Automatic Payment Service. PSECU will charge an additional 2% to the current interest rate when financing a vehicle for more than 100% and up to 120% of the retail value, and an additional 3% to the current interest rate when financing a vehicle for more than 120% and up to 130% of the retail value. PSECU will only finance up to 100% of the retail value of the vehicle for refinance of an existing PSECU vehicle loan. Monthly payment example: 36 monthly payments of $28.97 per $1,000 borrowed at the 2.74% APR or 60 monthly payments of $18.08 per $1,000 borrowed at the 3.24% APR. The Manufacturer's Suggested Retail Price determines new vehicle values; Kelley Blue Book® or other authorized guides determine used vehicle values. Minimum value is $3,000. Monthly payment examples are representative of the maximum term for the corresponding rate per $1,000 borrowed. Your payment may be different from the examples shown. PSECU makes all final decisions regarding vehicle value and proper rate. Rates, terms, and information are subject to change. Kelley Blue Book® is a registered trademark of the Kelley Blue Book Co., Inc.

Does Buying Out Your Lease Make Sense?

What to know when deciding to lease vs. buy your vehicle.

What's your residual amount? Most auto leases have a built-in residual amount for a lease-end buyout. This amount is what you’ll pay if you opt to buy the vehicle when your lease ends. Review your lease contract or online lease account to find this amount.