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Is it possible to refinance a leased car?



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No, it is not possible to refinance a leased car in the same way that you would refinance a car that you own.

When you lease a car, you are essentially renting it for a set period of time and do not have ownership of the vehicle. You may have the option to negotiate a lower monthly payment or to extend the lease term, but these are not the same as refinancing a loan.

However, if you have a leased car and would like to end the lease early, you may be able to buy out the lease and then refinance the car loan as you would with any other vehicle. This would involve paying off the remaining balance of the lease and then obtaining a new car loan to purchase the car outright. It’s important to carefully consider the costs associated with buying out a lease and refinancing the car loan before making a decision.

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