Lease Buyout in Texas
The average Lease End customer in Texas walks away with $5,054 in equity when they buy out their lease.
2,225 Texas drivers funded
100% online
No dealer markup
What does a lease buyout look like in Texas?
Based on Lease End funded lease buyouts in Texas, Jan 2025–Jul 2026.
| Metric | Value |
|---|---|
| Funded lease buyouts | 2,225 |
| Positive equity rate | 86.4% |
| Average equity | $5,054 |
| Average buyout price | $28,824 |
| Average mileage at buyout | 38,336 |
| Most common make | Honda |
| GAP take rate | 56.7% |
| VSC take rate | 40.4% |
Lease End funded 2,225 lease buyouts in Texas between Jan 2025–Jul 2026, and 86.4% of those customers came out with positive equity — an average of $5,054 — on an average buyout price of $28,824 and 38,336 miles on the odometer. Honda was the most common make at 12.3% of deals, with 56.7% of customers adding GAP coverage and 40.4% adding a vehicle service contract. TX lessees drive more miles than almost any other state — 38,336 on average — yet still walk away with $5,054 in equity. The highest GAP take-rate of any top-five state at 56.7%.
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 Texas
- 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 Texas title and registration. We file the paperwork with the Texas DMV so the car is officially yours.
Honda leases in Texas
Honda is the most commonly bought-out lease in Texas, making up 12.3% of all funded buyouts. If you're leasing a Honda in Texas, you're in good company — our team has walked thousands of Texas drivers through this exact process.
See Honda lease buyout guide →FAQs
How do I buy out my lease in Texas?
How do I buy out my lease in Texas?
You can buy out your lease in Texas entirely online with Lease End. Start by getting a personalized payoff quote, then we help you secure financing, complete the paperwork, and handle your Texas title and registration — most buyouts take about 2-4 weeks from start to finish.
Do I pay sales tax on a lease buyout in Texas?
Do I pay sales tax on a lease buyout in Texas?
Sales tax treatment varies by state. We recommend checking with the Texas 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.