: If the car’s market value is higher than your buyout price, you’re getting a deal below market rates.
: Once you own the car, you are responsible for all repairs and maintenance after the warranty expires. can you buy a leased car
: Your lease agreement includes a predetermined price, called the residual value , which is the car's estimated worth at the end of the lease. : If the car’s market value is higher
: Unless you're paying cash, you'll need a lease buyout loan. Credit unions like Camino Federal Credit Union or Island Federal often offer lower rates for these loans compared to dealerships. When It’s a Good Idea called the residual value