Toyota Corolla Lease Buyout Stats

Here at Lease End, we're all about empowering drivers with secure technology to easily exit their car lease, on their terms.

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.

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.

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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. 

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 or VIN or call (888) 307-5197.

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