Quote:
Originally Posted by cmirandabu
Interesting point for sure..Here is another situation..What if by the end of the lease the car is worth more than the buyout amount? Given that you put down reasonable amount of money down for a lease and your mileage is still low. Couldn't you just buy it out, sell it privately for more $$ ??
I bet you can sell a 5-6 year old M2 no problem.
|
If the car is worth more than the buyout at the end of the lease, that means you paid more for the depreciation than necessary over the course of the lease. So you get a "deal" at the 3 year mark, but you paid for the "deal" over the first 3 years. It's a wash.