Then Buy: Lease Car

You know exactly what the car will cost years in advance. If the market value of the car ends up being higher than the residual value, you’re getting a bargain.

Unless you have the cash ready, you’ll need to apply for a "used car loan" to cover the residual price at the end of the lease. lease car then buy

If you went over your mileage limit or have some minor "wear and tear" scratches, buying the car at the end of the lease usually wipes those extra charges away. Things to Consider You know exactly what the car will cost years in advance

You get several years to see if the car fits your lifestyle, has mechanical issues, or if you truly enjoy driving it before committing to a 10-year relationship. If you went over your mileage limit or

When you sign the lease, the dealer sets a "residual value." This is the pre-determined price you can buy the car for at the end of the lease.

At the end of your term, you can either return the keys or pay that residual price (plus any fees) to own the car outright. Why Lease-to-Buy?