With a low supply of cars, buying out a lease is a good solution.
Q. Our 2019 lease on a Honda CR-V is due to expire in a few months. The buyout price is approximately $17,500. Since we can afford it, we’d like to buy out the lease and take possession of the vehicle.
to a point where you are most likely paying less for the car you leased three years ago, said Darren Zagarola, a certified financial planner and certified public accountant with EKS Associates in Princeton.for the price at which you can purchase the car at the end of the lease,” he said. “The residual is the predicted value of the car at the end of the lease and this value cannot be changed once that agreement is signed.
To start the process of buying out your lease, contact the finance company to confirm the residual value per your copy of the agreement and let them know you would like to“If you were to go through the dealership, they might charge you for their time and efforts, but the financing company will not. Since the maximum price you would pay for the car is stipulated in the
the only negotiations would be if you were looking for a better purchase price than the residual value,” he said. " Given the current environment, this is most likely not an option.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Why Jay Leno Refuses To Own Even A Single Ferrari | CarscoopsThe car-crazy comedian describes the buying experience of a Ferrari like 'going to a dominatrix'
Weiterlesen »
Mask Up: The Best N95 & KN95 Masks to Buy OnlineAfter two years into the pandemic we’re still masked up. Here are the best options to buy online.
Weiterlesen »
Best cars to buy for £50,000 – evo garage | EvoWhat can £50,000 afford you on the used market? We pick our favourite used performance cars you can find in the classifieds
Weiterlesen »
Used car buying guide: Nissan GT-R (R35) | AutocarNissan’s GT-R, or Godzilla, eats supercars whole - and £35k can buy you one
Weiterlesen »