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Can I buy out my EV lease at the end of the term?

Yes, most EV leases include a purchase option at the residual price stated in your lease agreement. If the car has held its value and the residual is below current market value, buying at lease end can be a good deal. If the residual is above market value, simply returning the car is usually the right move. Evaluate the buyout price against current market value in the final months of your lease.

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Testimonials

What Our Customers Say

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All the hassles & time consumption in buying a new vehicle were nil, because Vantage Auto Group took care of everything & delivered the vehicle I wanted

All the hassles & time consumption in buying a new vehicle were nil, because Vantage Auto Group took care of everything & delivered the vehicle I wanted

Robert Murphy

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Debbie is a lifesaver. She took the time to understand my situation and helped me figure out how to extend my lease, something no dealership had explained to me. What stood out most was that she helped me purely out of genuine kindness, even after realizing I wouldn’t be able to give her any business right now. Because of her guidance, I was able to solve my problem by extending my current lease. If I hadn’t spoken to Debbie, I would have never known this was even an option. She truly restored my faith in people. I’ll absolutely be sending friends her way, and when I’m ready to get another car in a few months, she’s the only person I’ll go to.
Debbie is a lifesaver. She took the time to understand my situation and helped me figure out how to extend my lease, something no dealership had explained to me. What stood out most was that she helped me purely out of genuine kindness, even after realizing I wouldn’t be able to give her any business right now. Because of her guidance, I was able to solve my problem by extending my current lease. If I hadn’t spoken to Debbie, I would have never known this was even an option. She truly restored my faith in people. I’ll absolutely be sending friends her way, and when I’m ready to get another car in a few months, she’s the only person I’ll go to.

Jinal Shah

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My wife and I have been working with Dave and Vantage Auto Group for over 5 years now, across 7 cars for our family, and the experience has been consistently outstanding. Dave is always professional, thorough, and a true advocate for his clients. His persistence and dedication make the process smooth and stress-free, and he takes the time to ensure every detail is handled with care.I’ve personally recommended Dave and Vantage to several friends, and they’ve had the same positive experience. His staff is punctual, cordial, and a pleasure to work with, bringing a level of service that goes far beyond what you’d expect from traditional, impersonal salespeople.Dave and his team truly take it to a new level. If you’re looking for a trusted partner in the car shopping process, I highly recommend Vantage Auto Group.

My wife and I have been working with Dave and Vantage Auto Group for over 5 years now, across 7 cars for our family, and the experience has been consistently outstanding. Dave is always professional, thorough, and a true advocate for his clients. His persistence and dedication make the process smooth and stress-free, and he takes the time to ensure every detail is handled with care.I’ve personally recommended Dave and Vantage to several friends, and they’ve had the same positive experience. His staff is punctual, cordial, and a pleasure to work with, bringing a level of service that goes far beyond what you’d expect from traditional, impersonal salespeople.Dave and his team truly take it to a new level. If you’re looking for a trusted partner in the car shopping process, I highly recommend Vantage Auto Group.

Gus Torres

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Top notch service, great customer service , competitive pricing and honest service . Delivery to your home with complete setup . If you need a car without any of the hassle use Vantage.
Top notch service, great customer service , competitive pricing and honest service . Delivery to your home with complete setup . If you need a car without any of the hassle use Vantage.

Gigi Del Cueto

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Sarah was great! She really helped us get into the exact car we were looking for. I was shocked how fast and seamless the whole process went. Would recommend her to anyone looking for a new car.

Sarah was great! She really helped us get into the exact car we were looking for. I was shocked how fast and seamless the whole process went. Would recommend her to anyone looking for a new car.

Jeff Freitag

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Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.

Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.

Rebecca Perez

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David was so knowledgeable and made this a wonderful experience .
David was so knowledgeable and made this a wonderful experience .

David Bloomberg

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I’ve never used a broker to buy a car before and honestly, I was skeptical. But after this experience, I’ll never step foot in a dealership again. I have a demanding job with very little free time, so I simply texted David exactly what I wanted—and that was it. The entire process happened while I was in back-to-back work meetings. I never even had to pick up the phone! It was completely stress-free and I couldn’t be happier with my Maserati Grecale!

I’ve never used a broker to buy a car before and honestly, I was skeptical. But after this experience, I’ll never step foot in a dealership again. I have a demanding job with very little free time, so I simply texted David exactly what I wanted—and that was it. The entire process happened while I was in back-to-back work meetings. I never even had to pick up the phone! It was completely stress-free and I couldn’t be happier with my Maserati Grecale!

Kelly Winch

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
From start to finish, my experience was amazing. From first inquiring about cars and explaining the price range I wanted to stay within, everything was smooth, easy, and completely hassle-free. David was great throughout the entire process — knowledgeable, patient, and genuinely helpful without making me feel pressured. He made getting a car honestly one of the best experiences I’ve had. I truly appreciated how simple and stress-free he made everything. Highly recommend working with David if you’re looking for a great car-buying experience!
From start to finish, my experience was amazing. From first inquiring about cars and explaining the price range I wanted to stay within, everything was smooth, easy, and completely hassle-free. David was great throughout the entire process — knowledgeable, patient, and genuinely helpful without making me feel pressured. He made getting a car honestly one of the best experiences I’ve had. I truly appreciated how simple and stress-free he made everything. Highly recommend working with David if you’re looking for a great car-buying experience!

Karlee Torres

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