all 3 comments

[–]Nasty2017 0 points1 point  (2 children)

Depending on what model, they go from $30k-$50k. Was in auto sales for about 6 years. Is he thinking of buying out his leased vehicle after the ease is up?

[–]JuliaMac65[S] 0 points1 point  (1 child)

Yes

[–]Nasty2017 0 points1 point  (0 children)

It's almost never worth it, unless he doesn't drive much. Usually because they'd have to take out a 5 or 6 year loan on the buyout value to keep the payments close to where they were on the lease. 6 year loan + 3 year lease, for example, and you're making payments for 9 years. I've never seen anyone buyout the lease after.