Auto Lease Buyout Loan

Review your lease agreement and get your official buyout quote from the dealership. Make sure they include:

• residual value
• buyout fee
• tax or registration costs 
• additional processing or documentation fees

Weigh your options: If your car's market value is higher than the buyout price, you're looking at a good deal! If the buyout amount is higher than the market value, you might want to think about other options.

Gather the information you need to submit an application. You'll need:

• your 17-character Vehicle Identification Number (VIN)
• exact vehicle mileage
• the state the vehicle is registered in
• lender's name
• lender's phone number
• loan account number
• 10- or 14-day payoff amount with a good through date

Submit your application.

When you're ready, you'll need to apply for an auto refinance loan^{Footnote [1]} either online or through our mobile app.^{Footnote [2]} Check out our low auto refinance rates^{Footnote [1]} and term options! 

After submitting your application, you'll receive a text^{Footnote [2]} or email letting you know the status of your application. We understand you can’t always wait around for a decision—that’s why we typically provide most auto loan decisions in seconds!

Get your money.

You can choose to pick up a check at your nearest branch or have it mailed to your home. Once you've been approved and all documents are signed, take the check to your dealership or leasing company once they've approved your buyout.