---
id: faq-0110
title: "Can I purchase my leased car when the lease ends?"
category: faq
subtopic: leasing
page_type: faq
source_url: "https://www.castlechevymchenry.com"
tags: ["leasing", "faq", "lease-buyout"]
questions:
  - "Can I buy my leased car?"
  - "What is a lease buyout?"
  - "How much does it cost to purchase my lease car at the end?"
related: [lease-end, leasing-basics]
dealer: Castle Chevrolet McHenry
---

Yes! Most leases include a buyout option, which lets you purchase the car at lease end for a predetermined price called the residual value. This was set when you signed the lease.

**How it works:** you pay the residual value plus any remaining fees (taxes, registration, dealer fees). If the car's market value is higher than the residual, you get a great deal. If it's lower, you're protected because you're only paying the residual.

**Why buyout?** You love the car, it's been well-maintained, you know its history, and there's no hassle shopping for something else.

**Financing your buyout:** you can pay cash or finance it like any car purchase. Castle Chevrolet McHenry's finance team can help arrange buyout financing.

**The catch:** you'll owe for any excess mileage or wear charges in addition to the residual value.

If you're thinking about keeping your leased car, let Castle Chevrolet McHenry know early. We can walk you through buyout options and financing. Call **(779) 600-2956** to discuss your lease buyout plan.