Auto Leasing Guide
Go to LeaseGuide.com now !

Car Lease Buyout Iowa City IA

You might consider a buyout if you want to continue driving your car after your lease ends. Since you know the car's history and know its condition, it makes a great used car purchase without the uncertainties of buying a car from a dealer or stranger. You know the car, how it's been treated, and its condition.

Budget Truck & Car Rental
(319) 351-4529
1640 Hwy 1 W
Iowa City, IA
 
U-Haul Company
(319) 339-4977
1841 S Gilbert St
Iowa City, IA
 
U-Haul Company
(319) 339-9151
3309 Highway 1 SW
Iowa City, IA
 
Hertz Corp
(319) 337-6615
1801 S Riverside Dr
Iowa City, IA
 
Linder Tire Service Inc
(319) 337-4163
632 S Riverside Dr
Iowa City, IA
 
Penske Truck Rental
(319) 358-9472
1820 Boyrum St
Iowa City, IA
 
Budget Truck Rental
(319) 354-4784
1640 Highway 1 W Ste 1
Iowa City, IA
 
Enterprise Rent A Car
(319) 358-7000
9 Highway 1 W
Iowa City, IA
 
Hertz - Jet Air FBO
(319) 337-6615
1801 South Riverside Drive
Iowa City, IA
Hours
Mo 0700-1800
Tu-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Gold Counter Service
Additional Information
This location is for Private Flights only. After Hours - After hour returns are allowed. Park in the Hertz designated parking area. Leave keys and contract in the drop box located by the Hertz door.

Hertz - 1801 South Riverside Drive HLE
(319) 337-6615
1801 South Riverside Drive
Iowa City, IA
Hours
Mo 0700-1800
Tu-Fr 0730-1800
Sa 0900-1200
Su Closed
Special Services
Child Seats, Hand Controls for Disabled Drivers Only , Replacement Rentals When your car is in the shop for repairs.Insurance/Body Shop and Dealership/Service Center replacement rentals available at this location.for replacement rental reservations., Gold Counter Service , Pickup/Return Service:Available with a one hour advance notice and within 15 minutes from the Hertz Local Edition location. Contact the location to arrange for Pick Up service.
Additional Information
Located at the Iowa City Municipal Airport. Bus - Approximately 1.5 miles from the bus station. Cab fare will be reimbursed up to $10.00 with receipt. Pick up time must be at least one hour after location opening and one hour prior to location closing.

Car Lease Buyout

To buy out your lease simply means you purchase your vehicle from the lease company – either with cash or a loan.

Most lease contracts allow early buyouts, but some don't. Some restrict the time period during the lease in which you may exercise your purchase option. For example, buyouts may be prohibited in the first few months and/or the last few months. You should read your lease contract to determine if you have any such restrictions.

You might consider a buyout if you want to continue driving your car after your lease ends. Since you know the car's history and know its condition, it makes a great used car purchase without the uncertainties of buying a car from a dealer or stranger. You know the car, how it's been treated, and its condition.

If you've exceeded your mileage limits, or have excessive wear or damages, and want to avoid associated penalties, you may want to consider a buyout.

There are two kinds of car lease buyouts:

  1. Lease-end buyout (at normal end of lease)
  2. Early buyout (before lease ends)

Car Lease Lease-End Buyout
Buying your vehicle at the end of your lease is sometimes a good option, and sometimes not, depending on the details of your particular situation. This option should always be considered and compared to your other lease-end options to determine if it's your best move.

The end-of-lease buyout purchase price is typically the residual value stated in your lease contract. This price...

Click here to read the rest of this article from Lease Guide