Lease expires in 5 days, what happens if I go beyond the expiration date to buy it out?
Shawn Ryder
JANUARY 26, 2025
Residual Value: This is the predetermined buyout price of your vehicle at the end of the lease. Excess Mileage or Wear Fees: Evaluate if youve exceeded the mileage limit or if theres any damage to the vehicle, as this may influence your decision. Step 2: Review the Buyout Price Next, obtain the buyout price.
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