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Toyota Corolla Lease Buyout Stats

Lease End

Rebecca Graham

Published 10/7/24

Updated 3/13/26

manufacturerstoyota
Estimated Read Time: 2 minutes
Lease EndBlue Toyota Corolla art
Here at Lease End, we're all about empowering drivers with secure technology to easily exit their car lease, on their terms.

Your Options at Lease End

As your lease term nears its end, it's time to decide what comes next.
Here are your two options:
1. Return Your Corolla. You can return your Corolla to the dealership, taking care of excess wear and tear or mileage overages to help you avoid extra charges.
2. Buy Out Your Lease. If you've fallen in love with your Corolla and can't bear to part with it—or you want to turn around and sell it for a profit—you can buy out your lease. Our financial partners like Ally and Capital One can hook you up with the best financing options.

The Data: Average Payments, Retail Value, & Equity

Between 2023 and 2024, 250 drivers (and counting) in 38 different states have bought out their leased Toyota Corollas through Lease End.
While every driver’s monthly auto loan payment for a buyout varies based on the vehicle, residual value, credit score, and other factors, the average monthly loan payment after a Corolla lease buyout through Lease End is $328.
(For context, the average used monthly car loan payment for all used cars in Q1 2024 for borrowers was $523 according to Experian.)
The average retail book value for the Corollas bought out through us is $22,993 and the average equity retained by drivers through lease payments is $8,931. That's a 38% average equity retention.
Interested in buying out your lease? See who has the best buyout rates for your vehicle now.

Why buy out your Corolla?

Reliability. Toyota—and especially the Corolla—is known for durability. With low maintenance costs and high resale value, it's the kind of car you can count on for the long haul.
Fuel Efficiency. Saving on gas is always a win, and the Corolla delivers with its impressive fuel economy. It's perfect for both daily commutes and longer road trips.
Affordability. Compared to other cars in its class, the Corolla offers excellent value for your money. It's a smart choice for those looking to get the most bang for their buck.
Comfort. Inside, the Corolla is all about comfort and convenience. It boasts a smooth ride, user-friendly features, and a well-designed interior. 

Why choose Lease End?

Navigating the end of a lease can be tricky, but we're here to make it easy for you. Our team of lease-end experts can walk you through your options and help you make the best decision for your situation.
End your lease, keep your Corolla.
Start the process online by entering your license plate number of VIN in the form below or call (888) 307-5197.
Review 1 of 3

Susan Lake

August 23, 2026

Buying out my lease on my own had me…

Buying out my lease, on my own, had me going through many hurdles and obstacles. The leaseholder, Genesis Finance, said I had to get the buyout information from a dealer. The dealer provided me with a written buyout that my bank found unacceptable, plus I would have to deal with all the motor vehicle department transactions, so I decided to try Lease End. Amazing within a couple of hours everything was done barely lifting a finger to send photos of our driver's license, insurance card, and registration. They arranged the financing with a lender well known to me, as I already have some banking relationships with, at a rate better than I was entertaining from my credit union. They got all the information directly from Genesis finance and handled all the motor vehicle paperwork. All I had to do was Auto sign the loan agreement online. The service was outstanding everyone that I dealt with, which were few, were amazing, confident, courteous, friendly and efficient. What an incredible experience couldn't ask for more. Everything taken care of just like that. I still have trouble believing it was so easy.

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Author

About the author
Rebecca Graham

Rebecca Graham manages SEO and affiliate partnerships at Lease End, where she leads consumer education content and produces the annual Lease Buyout Report. She brings 12+ years of writing, research, and content strategy experience, with deep expertise in organic search and marketing analytics tools. Outside of work, she's usually on a trail or revisiting a favorite musical theatre soundtrack. Connect on LinkedIn.