Seamlessly Transition to Ownership and Secure Your Equity with Flexline™

Are you considering buying out your lease? In today's automotive market, there’s a good chance your leased vehicle is worth more than its buyout price. With the current surge in used vehicle values, now may be the perfect time to buy out your lease. By purchasing your leased vehicle with Flexline™, you can unlock equity and secure a valuable asset simply and quickly.

‍

Uncovering Hidden Value: How to Identify Lease Equity 

Lease equity occurs when your vehicle’s current market value is greater than the residual value—the predetermined amount you would pay to purchase the car at the end of the lease. To determine if you have equity, simply subtract the lease buyout price from your car’s current market value determined using Carputty’s V³ Valuations™ system. Even if your lease has time remaining, you can request the buyout price from your leasing company to calculate potential equity.

‍

A Seamless Transition to Ownership

If you discover your lease is equity-positive, you can feel confident that buying out your lease makes financial sense. By following this straightforward process, you can ensure a smooth and hassle-free lease buyout with Flexline, securing your vehicle at a transparent rate. Here’s how Carputty can help you every step of the way.

‍

1. Determine Your Vehicle's Value: Use V³ to assess your vehicle's current market value and compare it to your contract’s residual value. 
2. Add Your Vehicle: Log into your dashboard and click “Add A Vehicle.” Provide relevant details regarding your vehicle and its lease. We'll share initial details, such as the down payment and estimated monthly payment. From there, our MSA will handle the rest and provide you with a comprehensive Preliminary Statement.
3. Review and Confirm: Examine the Preliminary Statement, which includes purchase and refinancing details, and confirm your acceptance. You can also explore Carputty Coverage options to protect your investment further.
4. Finalize the Purchase: Once you accept the terms, Carputty will manage all necessary paperwork and communicate with the leasing company on your behalf.

‍

After the purchase, your vehicle becomes part of your Flexline and is visible on your dashboard, simplifying your monthly payments and financial management.

‍

Manage Your Vehicles Like Assets the They Are

‍By purchasing your leased vehicle through Flexline, you're not just acquiring a reliable mode of transportation—you’re able to secure its equity and manage it like you would any other investment. With Carputty’s transparent rates, easy online dashboard, and predictive software showing upcoming price changes in any car’s value, you can confidently move forward with unlocking the equity in your leased vehicle.

Ready to take the next step toward vehicle ownership? 

Contact your dedicated Member Success Agent at help@carputty.com today. Let Carputty help you unlock your vehicle's equity and enjoy seamless, worry-free ownership.

‍