A simple Answer TO yOUr Question
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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The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
Smart move!
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