Lease buyout at market value instead of residual value?
Shawn Ryder
JANUARY 28, 2025
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. What is a Lease Buyout?
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