Latest / The Lease End Minute / Inspect Before You Buy
Transcript
- 0:00Joe: This is the Lease End Minute. I'm Joe from Champion Auto Finance.
- 0:04Joe: Before you buy out your lease, consider getting the car inspected.
- 0:08Joe: It sounds strange, since you've been driving it. But once you buy it, you're the owner of a used car, and any future repairs are on you. An independent mechanic can check brakes, tires, suspension, leaks and warning signs you've learned to live with.
- 0:20Joe: If it needs work, that's not necessarily a deal breaker. It's just part of the math. Add the repair cost to your buyout price and compare that total to what the car is worth.
- 0:31Joe: Champion Auto Finance is not a lender. Approvals and terms are subject to lender underwriting.