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.

Woman working at desk
  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 06/3/2023 3:01 AM EDT 
Term Rates As Low As* Monthly Payment Value (Minimum) Loan Amount (Minimum)
1-36 Months 5.74% $30.31/per $1000.00 $3,000.00 $1,000.00
37-48 Months 6.24% $23.60/per $1000.00 $6,000.00 $1,000.00
49-60 Months 6.24% $19.45/per $1000.00 $8,000.00 $1,000.00
61-72 Months 6.24% $16.69/per $1000.00 $12,000.00 $1,000.00
73-84 Months 6.74% $14.97/per $1000.00 $20,000.00 $1,000.00
85-120 Months 8.99% $12.67/per $1000.00 $40,000.00 $40,000.00

*Rates “as low as” 5.74% APR assumes excellent creditworthiness; your rate may differ from the rate(s) shown here. Rate and loan amount subject to credit approval. Minimum APR is 5.74%. Maximum APR is 14.99%. Rates reflect a .25% Annual Percentage Rate (APR) reduction for Automatic Payment Service. Your rate will increase if you discontinue Automatic Payment Service. PSECU will finance up to 130% of the retail value of the vehicle for excellent creditworthiness. PSECU will finance up to 100% of the retail value of the vehicle for refinance of an existing PSECU vehicle loan. Value of the vehicle to be determined prior to final loan amount. 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. PSECU makes all final decisions regarding vehicle value. Monthly payment example: 36 monthly payments of $30.31 per $1,000 borrowed at the 5.74% APR or 72 monthly payments of $16.69 per $1,000 borrowed at the 6.24% APR. 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. Rates, terms, and information are subject to change at any time. 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.