Buy Leased Car  

Also see:

car lease option

early lease termination

The term, buy leased car, can refer to two different things.

First, for someone who is now leasing a car, it may mean that they want to purchase their vehicle at the end of their lease or, possibly, before the lease ends.

The lease-end "buyout" price for a lease-end purchase is stated in the lease contract. This price is often negotiable.

Early buyout purchase price must be obtained from the lease company. This price is usually not negotiable and will depend on how far along you are in your lease. An early buyout is usually not the answer for someone who is exceeding their contract mileage limits.

Second, the term buy leased car, may refer to purchasing an "off-lease" vehicle from a used car dealer. These previously-leased vehicles are often in good condition with low mileage, and can be good buys. Maintenance records are often available to demonstrate that the vehicle has been well cared for.

For more information, see: The Lease Guide

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