Chase Auto Lease Buyouts: One Bank, Six Badges, and a Title That Comes to You

By Austin D., Lease Solutions

Wait, My Subaru Lease Is a Chase Lease?

Chase Auto is the private-label lessor behind a surprising roster: as of 2026, Subaru Motors Finance, Jaguar and Land Rover Financial Group, Aston Martin Financial Services, Maserati Capital USA, plus McLaren and Rivian programs all run on Chase's servicing, and the partnerships are current (Maserati renewed with Chase in March 2026; Aston Martin extended in September 2024). Each brand has its own portal and phone numbers, but the lease behind the badge is a JPMorgan Chase lease, and the buyout process is the same machine. One planning note for Subaru drivers: Subaru has announced plans to launch its own captive finance company by 2030, but as of 2026, Chase remains the lessor and servicer of Subaru Motors Finance leases.

Yes, You Can Buy It Any Day of the Lease

Chase's official pages are unusually clear on this: you can purchase your leased vehicle at any time during the lease, early or at maturity. Two ground rules from their published materials:

• Only a lessee named on the lease agreement can buy the car. Chase says it plainly: it can't accept a purchase from a third party, such as a friend or family member. (A licensed auto retailer is the one exception; more on why that route can cost you below.)
• No dealership visit required. Chase sells directly to the lessee by mail: you request the packet, they send forms, instructions and your purchase amount, and you mail everything back.

The price is your residual value plus the purchase option fee. There's no standard published fee amount; the official Subaru Motors Finance lease guide says it's specified in your lease agreement, so pull out your contract. Add any unpaid amounts on the account (late charges, personal property taxes, parking or traffic citations), plus sales or use tax where applicable. State title and registration fees are paid separately at your DMV. They're not in Chase's figure. If you want to sanity-check the math first, the buyout calculator takes about a minute.

Getting Your Payoff Quote

This is a phone-and-mail process, not a portal checkout. Per Chase's published materials as of 2026:

• Standard purchase quote: call your brand's line, which for Subaru Motors Finance is 1-800-644-1941 (24-hour automated system), or request your “lease purchase balance” through your online account on the brand's portal.
• Early buyout or termination quote: the lease-end team at 1-866-401-9743, weekdays 9 a.m.–6 p.m. ET.
• How long the quote lasts: Chase publishes no fixed validity window. Check the “good through” date printed on the quote document itself. If the quote period spans a payment due date, the monthly payment you make is credited against the purchase price rather than owed on top.

Leasing through Jaguar, Land Rover, Maserati, Aston Martin, McLaren, or Rivian? Same Chase machinery, different front door: use the phone number and portal for your brand.

Financing With an Outside Bank or Credit Union

Here's the part Chase's pages never quite spell out, and the reason most readers are here. Chase's third-party restriction is aimed at who buys the car, not at how the named lessee funds the purchase. Its accepted payment methods are personal checks, money orders, bank checks, and certified checks. A check issued by your bank or credit union for the buyout amount, sent in with your packet, is how outside-financed Chase buyouts close in practice. No official Chase page is addressed to outside lenders, so confirm the mechanics with Chase directly when you request your packet, but the structure is standard. Three mechanics to get right:

• The payee line: per the official Subaru Motors Finance lease guide, the check is made payable to “Chase Vehicle Exchange, Inc.” (an intermediary Chase uses for lease sales), not to Chase itself. Verify the exact payee and mailing address in your buyout packet before your lender cuts the check; documents like that are subject to change.
• The title goes to you, not your lender. Chase will not record your new lender as lienholder. It releases the title lien-free to the lessee, at the address on your account statements. Your lender's lien is then perfected at the state DMV when you retitle the car in your name. That's standard for lenders experienced in lease buyouts, but some walk-in credit unions refuse the deal over exactly this, because they want their lien on the title before funding.
• What Chase won't take: no credit cards, no cash, no third-party checks, no title-stipulated drafts, no checks with restrictive endorsements. The buyout also must include a signed, federally required Odometer Disclosure Statement (more on that below).

We found no dealer-only-state restrictions in Chase's materials. The direct-by-mail process applies nationally. Chase also offers its own lease-purchase financing to lessees named on the original lease; treat that as one quote, not the only one. This is where a broker earns its keep: one application, compared across partner lenders that already know the title-comes-to-you structure, and no bank-by-bank phone tour to find one that won't flinch.

Fees and Gotchas

• The purchase option fee is contract-specific. There's no published standard amount. It's in your lease agreement, and it rides on top of the residual.
• The odometer statement is the hidden title-delay trap. Title release waits on both the $0 balance in good funds and the processed odometer form. Send the check without the signed statement and your title waits on paperwork, not money.
• Trailing bills survive the buyout. Chase can bill you after the purchase for unpaid citations and personal property taxes from prior periods.
• Budget for the DMV round. Sales or use tax, title, and registration fees are paid to your state after Chase sends the title and bill of sale. They're not in the Chase payoff figure (except where state law has tax collected in the payoff).
• Selling to a dealer can vaporize your equity. Chase never issued the blanket dealer-buyout bans some captive lenders did, but a dealer that wants your car must request a separate “retailer payoff,” and Chase's lease guide says it may set that price higher than your payoff, based on current market prices. The guide also points out the workaround in so many words: you can always purchase it from Chase yourself and then sell it. If the car is worth more than your residual, buying it yourself first is how you keep that equity.

The Title Process, Start to Finish

Once Chase has good funds for the full payoff and has processed your signed Odometer Disclosure Statement, it mails the title and a bill of sale to the address on your auto account statements. Chase's published guidance: generally 2–10 business days, or based on state requirements, but its own brand pages say to allow up to 30 days, and the Subaru Motors Finance purchase page says up to 45 days depending on mail time and state DMV processing. Plan around the longer number.

Then comes your half: take the title and bill of sale to your state's DMV, complete the transfer paperwork, pay title and registration fees and any sales tax. If you financed the buyout, your lender's lien is recorded here. Wondering what to have in hand? Here's every document a lease buyout needs.

Or: One Call Handles the Whole Chain

Payoff packet, financing arranged through partner lenders who know the Chase structure, the check to the right payee, the odometer statement in the same envelope, and the DMV retitle with your lender's lien recorded, all run with you by phone and online for one flat $695 fee, with taxes and state charges paid at cost. Start with the buyout calculator or get your buyout options, with no credit pull to see where you stand.

Chase Auto Lease Buyout FAQ

Lease Solutions LLC is an independent lease-buyout financing broker, not a lender, and is not affiliated with, endorsed by, or sponsored by JPMorgan Chase, Chase Auto, Subaru Motors Finance, or any vehicle brand named above. Financing is arranged through partner lenders; all loans are subject to lender credit approval. Information about Chase Auto's lease programs comes from their published materials (including the Subaru Motors Finance purchase page, lease-end FAQ, official lease customer guide, and Chase Auto's lease-end pages) as of August 2026, and can change. Confirm current details, phone numbers, payee, and process with Chase directly before you act. This article is general information, not legal or financial advice.