Can you keep your car if it is a lease?

In most cases, you cannot keep a leased car at the end of the lease term. When you lease a car, you are essentially renting it from the dealership or leasing company for a set period of time, typically two to four years. At the end of the lease, you have several options:

1. Return the car to the dealer: This is the most common option. You will simply return the car to the dealer and walk away. You may be responsible for any excess wear and tear, as well as any mileage over the allotted amount.

2. Purchase the car: If you want to keep the car, you can purchase it from the dealer for a predetermined price. This price is usually set at the beginning of the lease and is based on the car's value at the end of the lease term.

3. Trade in the car: You can also trade in the leased car for a new car. The dealer will give you a credit for the leased car, which you can use towards the purchase of a new car.

In some cases, you may be able to keep your leased car if you negotiate with the dealer. However, this is not always possible and it may be more expensive than purchasing or trading in the car.