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LEASE BUYOUT ???

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Velar_nyc19
New Contributor

LEASE BUYOUT ???

Hello everyone,

 

So i have a 1 month left in my Mercedez benz financial lease and I would like to buy it out. Which banks allow lease buyouts ? I like PENFED but idk if they do it. I would preferred a credit union and somewhere where i can pre qualify without hurting my score.

 

Thankss

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pizzadude
Credit Mentor

Re: LEASE BUYOUT ???


@Velar_nyc19 wrote:

Hello everyone,

 

So i have a 1 month left in my Mercedez benz financial lease and I would like to buy it out. Which banks allow lease buyouts ? I like PENFED but idk if they do it. I would preferred a credit union and somewhere where i can pre qualify without hurting my score.

 

Thankss


Isn't this just a used car purchase ?   At the end of the lease you can either return the car or purchase it for a pre-determined price, correct ?

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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