The Cost of Buying a Car after Leasing It
It sounds simple enough, you lease a car, make your payments and at the end of the lease can buy out the contract for the agreed-upon price. Or, you can turn it in and buy a new one. Did you know, though, that you have other options? What Is a Lease Buyout? A buyout price is set by the leasing company (not the dealer) at the beginning of your contract. The buyout option can be an attractive opportunity for you to continue driving a car you’ve come to love. A lease contract always includes a buyout figure, or the amount you can expect to pay if you want to keep your vehicle. That figure is based on how much the