Best Way To Buy Your Leased Car -
While the residual value itself is usually non-negotiable, other costs are not. Check if this can be waived.
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: best way to buy your leased car
Ensure the dealer isn't padding the price with unnecessary administrative costs. While the residual value itself is usually non-negotiable,
💡 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. Find the , which is the fixed price