Most contracts include a small fee (usually $300–$500) to process the buyout.
Your lease agreement contains a specific number called the . This is the price the leasing company estimated the car would be worth at the end of your term. Unlike a typical used car purchase, this price is usually non-negotiable because it was set in stone the day you signed the lease. 2. Compare the Residual Value to Market Price i want to buy my leased car
Unless you have the cash ready, you’ll need a . It’s often best to get pre-approved by a credit union or bank before talking to the dealership. This gives you leverage and ensures you get a competitive interest rate. The Bottom Line Most contracts include a small fee (usually $300–$500)