FAQs

Yes, you can purchase your leased vehicle at any time during the lease. Contact us for forms, instructions, and the payoff amount. We cannot accept payoffs from third parties (such as friends and family). If a dealer would like to purchase your vehicle, they will need to contact us directly for the dealer payoff amount. Please note that even after you terminate your lease, you may be billed for remaining property taxes, parking tickets, toll charges, and other state or local fees due on your account.

We do not negotiate the purchase price as you are bound by your signed Lease Agreement. Any negotiations regarding the purchase would need to take place at the dealer prior to signing your Lease Agreement.

If your payoff quote overlaps your payment due date, you will see an amount for Monthly Payment Due. This is not an extra payment, as the Monthly Payment Due was subtracted from the Purchase Price and includes a service fee and tax. If the quote had not overlapped your normal payment due date, the amount in the Monthly Payment Due section would have remained in the Purchase Price amount. The Total Purchase Price must be paid to meet the terms of your Lease Agreement and close your account. If the payoff check is posted before the payment due date, you may be entitled to a refund, which may include the service fee and tax. We recommend sending the payoff check via overnight delivery if this is a concern.

If all necessary documentation is received, it may take a minimum of 4 business days from when the purchase funds are posted to process the transaction and mail the certificate of title. Please make sure all documentation is complete to avoid delays.

Refer to the documentation provided when the quote was received to confirm the "good through" date.