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Anyone bought their car when the lease was up. I'm hearing different things on the price I could buy it for. Any have first hand experience?
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08-09-2013, 12:26 PM
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#1 (permalink) |
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A True Z Fanatic
Join Date: Mar 2011
Location: Framingham MA
Posts: 2,732
Drives: 2014 Q50 AWD
Rep Power: 19  |
buy when the lease is up?
Anyone bought their car when the lease was up. I'm hearing different things on the price I could buy it for. Any have first hand experience?
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14 Q50 AWD, ARK, ECUTEK (SEB), Takda, 
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08-09-2013, 12:34 PM
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#2 (permalink) |
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Enthusiast Member
Join Date: Mar 2012
Location: NY/LI
Posts: 393
Drives: MB Z,Jeep,BMW
Rep Power: 13 |
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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