Auto Lease Buyout
Is your lease term about to expire? Have you considered buying
your leased car? With our lease buyout loan, you can buy out your
existing lease with loan terms from 12 to 72 months.
Apply for your vehicle loan with Capital One Auto Finance
Here's how it works:
Apply online and get a response in 15
minutes during business hours (Monday - Friday: 9 a.m. to 5:30 p.m.
and Saturday: 8 a.m. to noon Pacific time). If approved, a Capital One
Auto Finance Blank Check® will be sent to you by mail.
Simply make the check payable to the
leasing company for the payoff or lease buyout amount. Your loan with
us will be activated after the leasing company processes the Capital
One Blank Check®.
Capital One Auto Finance will need to
be listed as the lien holder on the title. The process varies slightly
by state and will be detailed in your loan package. The leasing
company generally will release the title to you so you will need to
change the lien holder information. You are responsible for the
one-time fee
charged by your respective state to change the lien holder. These fees
range from approximately $5 to $65, depending upon the state.
For lease buyouts, the license,
title, registration fees and use tax cannot be included in the total
amount of your loan with Capital One, unless otherwise negotiated in
your payoff or lease buyout amount with your existing leasing company
or dealership. All fees and use tax must be paid to the Department of
Motor Vehicles before a new title can be issued.
Apply for your vehicle loan with Capital One Auto Finance |
