In the majority of our leases the security deposit covers the residual balance at the end of the lease, so yes you would own the vehicle after all payments have been made if made on time and there are no outstanding late fees. Sometimes there may be up to $700 due in residual to own the vehicle which we will allow a customer to make payments on interest free in order to receive the title.
Once you make all of your payments you own the car.
You have to make another payment to own it
Thanks! Your answer is awaiting moderation.