If you’ve leased a new car and decide you don’t want to part with it, there’s often the option of a car lease buyout, but what is a lease buyout? A car lease buyout is when you “buy out” your current lease before your contract expires. This allows you to choose to own the car rather than return it to the dealership in San Antonio. Learn more specific lease buyout definitions as well as answers to “how does a lease buyout work?” from our finance team below.
The most common buyout option is a lease-end buyout. How does a lease-end buyout work? With a lease-end buyout, you pay what the vehicle is expected to be worth at the end of your lease period. Typically, you and whoever is leasing the car to you will decide on this price before you sign the lease. This could be a good choice for you if:
The second option is an early lease buyout. So, how does an early lease buyout work? For an early lease buyout, you purchase your vehicle before your lease contract is up. This isn’t possible for all lease contracts, so double check the terms of your contract. In this situation, the buyout price is determined by:
This option is best for Shavano Park-area buyers who are worried about lease penalties like mileage, lack of routine maintenance, or damage to the vehicle.
At our dealership in San Antonio, you can find the perfect car to lease or purchase. Now that you know the answer to “what is a lease buyout” and if you’ve leased from us and you’d like to buyout your vehicle, please contact us. We’ll be happy to walk you through the process.
The full-size 2022 Mercedes-Benz GLS SUV comfortably seats seven people without having to sacrifice your cargo space. The new Mercedes-Benz GLS weight capabilities, cargo volumes, and space-saving features are just some of the reasons this SUV is a top choice for many San Antonio families. Get all of the details about the Mercedes-Benz GLS dimensions, then…
When it comes to the latest Mercedes-Benz GLE, you’ll have a few options available. No matter if you’re looking for a five or seven-seating SUV with high-powered technology, the new Mercedes-Benz GLE for sale at Mercedes-Benz of San Antonio is the vehicle for you. Wondering about the GLE 350 price and the GLE 350 coupe? Learn more in…
The 2022 Mercedes-Benz GLC personifies luxury, with an elegant cabin, cutting-edge technology, and a polished, athletic exterior. Even with such opulence, the new Mercedes-Benz GLC proves a practical choice for San Antonio-area drivers as well. That’s because the Mercedes-Benz GLC fuel economy returns are quite impressive. Check out the GLC mpg ratings in this guide…
You don't have any saved vehicles!
Look for this link on your favorites:
Once you've saved some vehicles, you can view them here at any time.
(210) 920-3237
Call Now9600 San Pedro Avenue • San Antonio, TX 78216
Get DirectionsOpen Today! Sales: 8:30am-8pm
Open Today! Service: 7am-7pm
Open Today! Parts: 8am-6pm