Draft:Lease End
Submission declined on 10 June 2025 by Theroadislong (talk).
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Comment: press releases are not independent sources. Theroadislong (talk) 17:52, 10 June 2025 (UTC)
Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. Reebecks35 (talk) 17:47, 10 June 2025 (UTC)
Lease End is a U.S.-based financial technology company specializing in facilitating auto lease buyouts for consumers.[1] Founded in 2021, the company offers an online platform that streamlines the lease buyout process by connecting drivers with auto lenders and managing necessary paperwork, including DMV documentation.[2]
Lease End is headquartered in Burley, Idaho, with additional offices in Lehi, Utah, and Twin Falls, Idaho.
History
[edit]Lease End was co-founded in 2021 by Brandon Williams and Zander Cook and a team of automotive and finance professionals who identified a growing need for consumer-friendly lease buyout solutions. Cook, a former dealership finance manager, launched the company to help consumers better understand their end-of-lease options and avoid costly dealership markups or unnecessary fees.
The company emerged during a period of increased consumer interest in lease buyouts, driven in part by rising used car values and limited new vehicle inventory during the COVID-19 pandemic.
Services
[edit]Lease End enables drivers to purchase their leased vehicles without returning to the dealership. Through its digital platform, customers can:
- Estimate their lease buyout amount using an AI-powered calculator
- Compare loan offers from a network of auto lenders
- Complete all necessary buyout and title transfer paperwork
- Handle DMV registration and taxes online
The service is available in all 50 U.S. states and supports customers with a wide range of credit profiles.
Business Model
[edit]Lease End partners with credit unions and other financial institutions to provide lease buyout loans to consumers. The company earns revenue through lender referral fees and optional service add-ons, such as extended warranties and vehicle protection products. It positions itself as an alternative to traditional dealership lease-end services, often touting transparency and cost savings.[3]
Industry Position
[edit]Lease End operates within the broader auto finance and fintech sectors, specializing in what is often considered a niche aspect of the leasing industry: consumer-initiated lease buyouts. Unlike vehicle lease returns or trade-ins facilitated by dealerships, Lease End focuses on helping drivers retain ownership of their leased vehicles.
Consumer Reviews
[edit]Lease End has received generally positive reviews from customers. On Trustpilot, the company holds a rating of 4.8 out of 5 stars based on over 900 reviews.[4] Customers frequently praise the company's user-friendly platform and efficient service. However, some users have reported issues with communication and delays in processing.
Media and Industry Authority
[edit]Lease End and its leadership have been featured in media outlets such as Yahoo Finance and GoBankingRates for their commentary on automotive trends, consumer finance, and the growth of lease buyouts.[5][6]
In 2025, the company published its first Annual Lease Buyout Report, offering insights into loan trends, vehicle retention rates, and consumer behavior at the end of leases.[7]
References
[edit]- ^ https://leaseend.com/
- ^ https://app.siliconslopes.com/channels/techbuzz-news/contents/lease-end-simplifies-the-process-of-exiting-auto-leases
- ^ "Five trends shaping the future of motor finance in 2025". 13 December 2024.
- ^ "Lease End is rated "Excellent" with 4.8 / 5 on Trustpilot".
- ^ https://finance.yahoo.com/news/5-smart-reasons-buy-lease-130145664.html
- ^ "5 Japanese Cars with the Highest Resale Value, According to Experts". 13 May 2025.
- ^ https://leaseend.com/press/press-releases/2025-lease-buyout-report
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