A lease buyout is when you purchase the Cadillac you've been leasing instead of returning it to the dealership. This can happen either early ( Now in its second model year and gaining bigtime momentum with over 28000 units sold in 2024, the all-electric Cadillac LYRIQ, Need personal, 1-on-1 help buying a car? Consider a CarEdge Coach: ⮕ Ray and Justin's
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Thinking about a new Cadillac or something else? The choice is yours. · LEASE OR FINANCE NEW · PURCHASE YOUR LEASE VEHICLE · RETURN YOUR LEASE. A car lease buyout can be a great way to reach your goal of car ownership without taking on an expensive monthly payment. A lease buyout definition states it's an option to purchase your leased vehicle at or before the lease's expiration based on its remaining value.
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The lease buyout definition is when you buy the car you're leasing, so you don't have to return it to the auto dealership (if your lease agreement permits it).