Best Way To Buy Your Leased Car Link

Before contacting the dealership, locate your original lease agreement. Find the , which is the fixed price you agreed to pay for the car at the end of the lease. Compare this number to the current market value using tools like Kelly Blue Book or Edmunds. If the car is worth more than the residual value, you have "equity" and should consider buying. Timing the Purchase You typically have two options for timing:

💡 If you don't want to keep the car but it has high equity, you can still buy it and immediately sell it to a third party or use it as a trade-in to pocket the profit. best way to buy your leased car

You can buy the car before the lease ends. This requires paying the remaining lease payments plus the residual value. This is useful if you want to avoid upcoming mileage penalties. Secure Your Financing Before contacting the dealership, locate your original lease