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If you're planning on keeping the leased cars, this could be a good way to go. When do the leases end? What years and models? Sometimes there are incentives or you can negotiate the payoff. Not sure about GA, but if you're paying tax in the monthly payments, you'll probably have to pay tax on the payoff. Not that you're planning on doing this, but generally not a great idea to pay off a car over a greatly extended term, like a HELOC. You should pay down the principal faster than on a 15 year schedule.
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