Remove Automotive Remove Buyout Price Remove Insurance
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Lease buyout at market value instead of residual value?

Shawn Ryder

When considering the world of automotive leasing, many drivers find themselves grappling with the concept of a lease buyout. Specifically, the dilemma often lies in whether to buy out a lease at the predetermined residual value or to negotiate a buyout at the current market value.

Lessee 52
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Do I need to repair a dent in my leased car if I am buying out my lease?

Shawn Ryder

Conversely, repairing small defects may be beneficial in negotiating a buyout price or improving resale value if you decide to sell the vehicle later. Insurance Benefits: Check if your insurance covers the repair costs. Most lease agreements include wear and tear guidelines that define what is acceptable damage.