Buyout Price, Lessee and Mileage Limit

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Buyout Price

Lessee

Mileage Limit

Lease buyout at market value instead of residual value?

Shawn Ryder

JANUARY 28, 2025

What is a Lease Buyout? A lease buyout occurs when a lessee opts to purchase the vehicle at the end of the lease term. Lessees can either buy the car for this predetermined residual amount or walk away and return the vehicle to the dealer. Understanding this is crucial for lessees considering their options.

Lessee

Lessee Buyout Price Mileage Limit Insurance

Lease expires in 5 days, what happens if I go beyond the expiration date to buy it out?

Shawn Ryder

JANUARY 26, 2025

As a car lease approaches its expiration date, one of the most common questions lessees ask is, “What happens if I go beyond the expiration date to buy it out?” Residual Value: This is the predetermined buyout price of your vehicle at the end of the lease. This can save you from unexpected costs later.

Buyout Price

Buyout Price Lessee Mileage Limit Finance

Auto Dealership Digest

Lease buyout at market value instead of residual value?

Lease expires in 5 days, what happens if I go beyond the expiration date to buy it out?

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