Car Lease To | Buy Deals

: Unlike buying a random used car, you know exactly how this one was driven and maintained. Potential Drawbacks The Pros and Cons of Buying Out Your Car Lease

: Buying the car allows you to skip hefty fees for excess mileage (often $0.15–$0.25 per mile) or excess wear and tear (dings, scratches, or interior damage) that would be charged if you returned it. car lease to buy deals

A car lease-to-buy deal, often called a , allows you to purchase the vehicle you have been leasing at or before the end of your contract. The price is typically based on the residual value —the car's estimated worth at the end of the lease, which was pre-set when you first signed the agreement. When a Lease Buyout Makes Financial Sense : Unlike buying a random used car, you

: If used car prices have spiked or your car has held its value better than the leasing company predicted, you can buy it for the lower contract price. For example, if the buyout is $15,000 but it's worth $18,000 on sites like Kelley Blue Book or Edmunds, you have "equity" in the lease. The price is typically based on the residual

A lease-to-buy deal is generally considered "good" if the math favors your ownership over returning the keys.