When you sign a lease, the contract includes a , which is the leasing company's estimate of what the car will be worth at the end of the term. This figure typically serves as your purchase price.
Use tools like Kelley Blue Book or Edmunds to see what the car is actually worth now. can you lease to buy a car
If you don't have the cash, you can apply for a "lease buyout loan" from banks or credit unions like Navy Federal or Alliant . When you sign a lease, the contract includes
Leasing to buy is often criticized as the most expensive way to own a car because you essentially pay interest twice—once on the lease and once on the buyout loan. However, it can be a smart move in specific market conditions. A Step-by-Step Guide to Auto Lease Buyout Loans If you don't have the cash, you can
Locate the residual value and any "purchase option fees".