Lease Buyout in New York
88.2% of Lease End customers in New York have positive equity when they buy out their lease.
3,127 New York drivers funded
100% online
No dealer markup
What does a lease buyout look like in New York?
Based on Lease End funded lease buyouts in New York, Jan 2025–Jul 2026.
| Metric | Value |
|---|---|
| Funded lease buyouts | 3,127 |
| Positive equity rate | 88.2% |
| Average equity | $4,818 |
| Average buyout price | $27,109 |
| Average mileage at buyout | 34,872 |
| Most common make | Honda |
| GAP take rate | 52.4% |
| VSC take rate | 40.1% |
Lease End funded 3,127 lease buyouts in New York between Jan 2025–Jul 2026, and 88.2% of those customers came out with positive equity — an average of $4,818 — on an average buyout price of $27,109 and 34,872 miles on the odometer. Honda was the most common make at 15.2% of deals, with 52.4% of customers adding GAP coverage and 40.1% adding a vehicle service contract. NY lessees buy out at some of the lowest mileage in the dataset — city driving patterns keeping odometers down — which directly supports the strong equity rate.
Average equity calculated against retail KBB value before remaining lease payments, taxes, and registration costs. Source: Lease End funded lease buyouts, Jan 2025–Jul 2026.
How to buy out your lease in New York
- Get your personalized payoff quote. Tell us about your leased vehicle and we'll calculate your exact buyout price.
- Get approved for financing. We shop your loan across our lender network, even if your credit isn't perfect.
- Review and sign your paperwork. Everything is handled online — no dealership visit required.
- We pay off your lease. Lease End pays your leasing company directly to release the vehicle.
- We handle your New York title and registration. We file the paperwork with the New York DMV so the car is officially yours.
Honda leases in New York
Honda is the most commonly bought-out lease in New York, making up 15.2% of all funded buyouts. If you're leasing a Honda in New York, you're in good company — our team has walked thousands of New York drivers through this exact process.
See Honda lease buyout guide →Nearby:
New JerseyFAQs
How do I buy out my lease in New York?
How do I buy out my lease in New York?
You can buy out your lease in New York entirely online with Lease End. Start by getting a personalized payoff quote, then we help you secure financing, complete the paperwork, and handle your New York title and registration — most buyouts take about 2-4 weeks from start to finish.
Do I pay sales tax on a lease buyout in New York?
Do I pay sales tax on a lease buyout in New York?
Sales tax treatment varies by state. We recommend checking with the New York Department of Revenue or your leasing company for current rates specific to your transaction.
How long does a lease buyout take?
How long does a lease buyout take?
Most lease buyouts with Lease End take about 2 to 4 weeks from when you submit your information to when your new title and financing are finalized, though timing can vary by state DMV processing times.
What if I owe more than the car is worth?
What if I owe more than the car is worth?
If you owe more than your car is worth — sometimes called being underwater — you can still buy out your lease. Lease End can help you finance the full payoff amount, and in many cases it's still cheaper than paying mileage overage fees or lease-end penalties to return the car.