Lease Buyout Prepayment Calculator
Calculate savings and accelerated payoff schedules when taking a loan to purchase your vehicle at lease maturity.
About Lease Buyout Financing
At the end of an auto lease, drivers can return the vehicle or exercise their contractual purchase option using lease buyout financing.
Calculation Logic
Amortizes the contractual residual buyout value plus sales taxes, then calculates accelerated payoff duration using additional monthly principal allocations.
Frequently Asked Questions
What is the lease residual value?
The residual value is the predetermined purchase price written into your original lease agreement for buying the car at lease end.
Are sales taxes charged on lease buyouts?
Yes. Most states levy sales tax on the residual buyout price when title ownership transfers from the leasing company to you.
Can you negotiate the residual buyout price?
In most contracts the residual value is fixed at lease inception, though dealer administrative doc fees may vary.
Why make extra payments on a buyout loan?
An off-lease car is already 3 years old. Paying the loan down faster avoids negative equity as mechanical wear increases.
Calculate in three steps
- 1Enter your valuesUse the fields above and check the units shown beside each input.
- 2Run the calculationSelect Calculate to refresh the result with your latest values.
- 3Review or shareCompare the result, reset the form, print it, or share this page.