Quick video answer: reading the letter that arrives 90 days before lease end

Ninety days before your lease ends, a letter arrives. Most people skim it and set it down. It's actually the starting gun. Here's how to read it.

Inside: your maturity date, your options, and usually a purchase price. Careful with that number — it's typically the residual, not your exact payoff. Get a formal quote before acting.

The letter has a default path: do nothing, and you drift into the return track. Inspection calls, turn-in reminders, dealership appointments.

Keeping the car? One call flips the track: tell the bank you're exercising the purchase option and request your payoff quote. The ninety days are your leverage — use them.

Champion Auto Finance coordinates lease buyout financing, subject to lender approval, across New Jersey, New York, and Pennsylvania. Start the ninety days right at championautofinance dot com.