Latest / The Lease End Minute / Call the Leasing Company First
Transcript
- 0:00Joe: This is the Lease End Minute. I'm Joe from Champion Auto Finance.
- 0:04Joe: Here's a tip that saves people a lot of runaround. When you have a question about buying your leased car, call the leasing company, not the dealership.
- 0:11Joe: The leasing company is the name on your monthly statement. They own the car, and they set the buyout rules. Ask them for your payoff in writing, whether you can buy the car directly, and what paperwork they need.
- 0:22Joe: A dealer can be helpful, but they may not know your contract's details, and they might be selling you something too. Go to the source first.
- 0:31Joe: Champion Auto Finance is not a lender. Approvals and terms are subject to lender underwriting.