PFS Simple Lease
Getting out of a lease should be as easy as getting into one. The PFS Simple Lease Program is the ideal alternative to a traditional car loan, especially for those who wish to own their vehicle at the end of the term as well as those who change cars frequently. Our Early Termination Program allows you the flexibility of financing with the tax advantages of leasing.
Reasons to Terminate Early
- Preferences change. The car of your dreams today may not be car of your dreams tomorrow.
- Lower rates. A mid-term refinance may lower your rate and payment.
- Your family is growing, and a two-seater no longer works for you.
- Your financial situation changed and you want to pay the vehicle off early.
How the PFS Early Termination Program Works
If you wish to end your lease prior to expiration, you simply satisfy the balance owed, which is calculated using a simple interest formula.
To satisfy the balance owed, you have four options:
Pay the residual and own the car.
Sell the car privately, pay the residual, and keep any difference.
Trade the car in, the dealer pays the residual, and you keep any difference.
Refinance the residual through a new lease without a large cash outlay, and continue to own the car.
With the ever-changing tastes of car enthusiasts and collectors, we make financing an exotic or luxury vehicle simple by offering you this Early Termination advantage. Experience all the freedom of owning with the benefits of leasing.
Ready to get started?
Still have questions? View our Frequently Asked Questions.