Buying Your Leased Car Reddit

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Buying your leased car reddit. Here s what you need to know. Buying your leased car can save several weekends on car lots and most of the frustration that comes with the process. Sales guys love leasing because it means the customer has to come back every three years. If you re at the end of your car s lease you may be wondering if you should buy the vehicle. Can you buy for the same discount.

We went to the dealer and i purchased the car. You will still need to do a little research and negotiating but much less than starting the process from scratch. I get to go by a 3 year old car with 15 000 20 000 miles for 2 3 the price of a new one if you do. I guess technically that is true since the leasing company owns the car and holds the title. When you re at the end of your car s lease you re at a crossroads.

But you as the lessee can certainly arrange the sale of a leased car without much issue. I am no expert on leasing versus financing but i believe your credit score also factors in the decision. End of car lease negotiations are generally smoother and quicker than starting all over on a new deal on a new car. There s doesn t seem to be an signs of a blood spill or anything like that so i m wondering if i should be concerned at all. Should i buy my leased car.

R askcarsales has a heavy pro dealership bias as expected and they will almost uniformly encourage people to lease. As i understand it if your credit is poor leasing may be more advantageous because you are only financing the expected depreciation over the term of the lease as opposed to financing the full purchase price when you buy a car. R pf is totally against leasing and everyone at r askcarsales is totally for leasing. Imo as a former car salesman out of the game leasing is a poor financial decision about 75 of. Last december i leased a 2016 chevy cruze limited for 24 months for 0 down 85 month.

You may decide to go this route because you want to break out of the cycle of leasing or because you absolutely love your. All you would have to do visit the dealer that you pay the lease payment to and do all the paperwork there. It s possible to buy the vehicle you ve been leasing. The car itself had a clean title not salvage is fairly clean in general and only had 2 prior owners. I have actually done this before.