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Buyout after lease maturity?
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Topic: Buyout after lease maturity? (Read 1094 times)
shtickel
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Join Date: Apr 2011
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Buyout after lease maturity?
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on:
December 15, 2011, 05:13:28 PM »
Thoughts on buying out a car after the lease term matures? When does it make sense financially?
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LAXtraveler
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Re: Buyout after lease maturity?
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Reply #1 on:
December 15, 2011, 05:15:30 PM »
When you can make money off of it by reselling it yourself... or perhaps if you really wanted to keep the car and the residual buy-out is much cheaper than the current blue book value.
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joeb1
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Re: Buyout after lease maturity?
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Reply #2 on:
December 15, 2011, 07:53:25 PM »
Usually not worth it
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LAXtraveler
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Re: Buyout after lease maturity?
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Reply #3 on:
December 15, 2011, 07:58:04 PM »
Quote from: joeb1 on December 15, 2011, 07:53:25 PM
Usually not worth it
Not necessarily true at all. Do your homework on it before saying that. I personally did it this year and made a hefty sum. I know 2 others who recently did the same.
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Saver2000
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Re: Buyout after lease maturity?
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Reply #4 on:
December 15, 2011, 09:06:44 PM »
Its been discussed here
http://forums.dansdeals.com/index.php?topic=5496.msg145975#msg145975
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Buyout after lease maturity?