I have been wondering the same thing...I lease and have a residual value for purchase written on my contact of 23k and some change. My car wont even have 5k miles on it when its time to go back. I know the history, I know its babied, I love it.
I am pretty sure the real value on my car will be a couple K over the 23 they are asking for it therefore I am pretty sure I have equity on my vehicle regardless. I am looking to buy it out and am willing to pay the tax on the new purchase as I will still be getting a great deal on the car.
If anyone has ACTUAL experience with buying out a lease please chime in.
Thanks
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