Question What is a lease buyout and how does it work?
Answer

A lease buyout allows you to purchase the Cadillac you’re currently leasing, so you can keep it rather than return it at the end of your lease.

This option is typically available at the end of your lease, though you may be able to buy out your Cadillac earlier. Once the buyout is complete, the Cadillac is yours, and you transition from leasing to ownership.

Review your lease agreement for more information or contact your dedicated concierge by logging in to MyAccount online or in the Cadillac Financial mobile app.

Question How much does a lease buyout cost?
Answer

The cost of a lease buyout is based on your Cadillac’s residual value, plus any remaining payments, taxes, and applicable fees.

The residual value is outlined in your lease agreement and reflects the vehicle’s projected value at lease end. If you choose an early buyout, your payoff amount may also include remaining monthly payments. Additional costs, such as sales tax, title and registration fees, or a purchase option fee, can vary by state.

When you purchase through Cadillac Financial, you can avoid third party charges and documents fees. Log in to MyAccount to request your purchase option price. This quote is good for up to 10 days.

Question Should I buy my lease vehicle?
Answer

Buying out your lease may make sense if your buyout price is lower than your Cadillac’s current market value or if you prefer to keep a Cadillac you already know and trust.

Many customers choose a lease buyout to avoid potential mileage or wear charges, or because they’re satisfied with the Cadillac’s condition and ownership experience. In strong used‑vehicle markets, a buyout can also offer added value. Comparing your buyout amount to comparable Cadillacs on the market can help you determine whether it’s the right choice for you.

Question Can I finance a lease buyout?
Answer

Yes, you can finance a lease buyout with a loan, which allows you to pay for the Cadillac over time rather than upfront.

Lease buyout loans function similarly to traditional auto loans and typically cover the buyout price, along with taxes and fees. Your monthly payment will depend on factors such as credit profile, interest rate, and loan term.

Mode by GM Financial offers lease buyout financing you can trust. And, when you finance your lease buyout through Mode, you can avoid third-party charges and document fees that might be applicable through other companies.