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Anyone ever BUY their car at tne end of a LEASE?

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ChilisWife
God Bless America

Member since 5/05

3572 total posts

Name:
A.K.

Anyone ever BUY their car at tne end of a LEASE?

Is it a good idea? Worth it? Or stupid?

Posted 6/28/10 10:19 PM
 
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Mushesgirl
Too blessed to be stressed

Member since 4/09

6691 total posts

Name:

Re: Anyone ever BUY their car at tne end of a LEASE?

we did. it was worth it for us, low miles, car in good condition.

Posted 6/28/10 10:45 PM
 

MrsList
Sweet cheeks

Member since 4/09

1696 total posts

Name:

Re: Anyone ever BUY their car at tne end of a LEASE?

I did it because I had too many miles on it and some body work that was needed so I would have had to PAY to give it back.

I would suggest looking up it's Kelly Blue Book value and doing the math on whether it's worth it to keep for resale in a few years after you've finished paying off the buy out amount.

Posted 6/28/10 10:48 PM
 

jerrysgirl
I love my hot dog!!

Member since 6/06

5357 total posts

Name:
E & J

Re: Anyone ever BUY their car at tne end of a LEASE?

Posted by Mushesgirl

we did. it was worth it for us, low miles, car in good condition.



price wise it wasn't good, but it had low miles and we knew the great condition it was in.

Posted 6/28/10 11:43 PM
 

Elbee
Zanzibar

Member since 5/05

10767 total posts

Name:
Me

Re: Anyone ever BUY their car at tne end of a LEASE?

I didn't love my leased car so I didn't. But we did entertain the option because financially it made sense. Instead we bought a certified pre owned w/ entended warrenty on a car that suited our needs..

Posted 6/29/10 7:38 AM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: Anyone ever BUY their car at tne end of a LEASE?

we did. We loved the car and were planning on buying it. the best part is that a dealer forgot to tighten the nut on our oil pan after a change and we got a brand new engine at 29K miles.

Posted 6/29/10 8:09 AM
 

ali120206
2 Boys

Member since 7/06

17792 total posts

Name:

Re: Anyone ever BUY their car at tne end of a LEASE?

Posted by Mushesgirl

we did. it was worth it for us, low miles, car in good condition.



Same here.

I just sold the car, 10 years after I bought it after a 3 year lease, for a decent price as well.

Posted 6/29/10 8:19 AM
 

ChrisDee
My Girls

Member since 11/06

9543 total posts

Name:
Christine

Re: Anyone ever BUY their car at tne end of a LEASE?

It all depends on what your buy out is. I would have loved to buy out my last lease but the buy out was toooo high. I leased the same type of truck again and my buy out is about $4000-$5000 dollars lessChat Icon So I am thinking about doing it this time.

Posted 6/29/10 8:37 AM
 

Tine73

Member since 3/06

22093 total posts

Name:
*********

Re: Anyone ever BUY their car at tne end of a LEASE?

I think we are going to buy ours. The lease is up in January and I know I will go over the miles (by a lot). We also need to buy an additional car as well, so it will be cheaper for us to buy this one and a new car instead of 2 brand new cars. KWIM?

Posted 6/29/10 8:40 AM
 

SusiBee
. . . . .

Member since 3/09

8268 total posts

Name:
S

Re: Anyone ever BUY their car at tne end of a LEASE?

I did it.
Lease was up during the financial crisis in 2008, and I couldn't get another good deal.
Plus, I love my car and it has really low miles, is in great condition.
I probably paid more than I should have because there is no negotiation, but at least I know what I am driving.

Posted 6/29/10 9:00 AM
 

CathyB

Member since 5/05

19403 total posts

Name:

Re: Anyone ever BUY their car at tne end of a LEASE?

Usually we don't but we're going to later this year when our lease on the minivan is up. It doesn't even have 15,000 miles on it.

Posted 6/29/10 9:02 AM
 

BriBri2u
L'amore vince sempre

Member since 5/05

9320 total posts

Name:
Mrs. B

Re: Anyone ever BUY their car at tne end of a LEASE?

Posted by ChrisDee

It all depends on what your buy out is. I would have loved to buy out my last lease but the buy out was toooo high.



This was us. We loved our Jeep Commander, but the buy out was too high.

Posted 6/29/10 9:18 AM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: Anyone ever BUY their car at tne end of a LEASE?

We did. we had just replaced the brakes and tires, and needed a second car. With all the fees they were going to charge to turn it in, it was a better option to just buy it.
It is a good car with pretty low mileage.

Posted 6/29/10 9:23 AM
 

eddiesmommy
best buds!

Member since 5/09

11524 total posts

Name:
Melissa

Re: Anyone ever BUY their car at tne end of a LEASE?

we plan on it, our lease is up in Dec.

Low miles, good buy out cost, great car, definitely worth it for us.

Posted 6/29/10 9:36 AM
 

EckoRed81504
We are complete <3

Member since 12/07

6299 total posts

Name:
April

Re: Anyone ever BUY their car at tne end of a LEASE?

Posted by Mushesgirl

we did. it was worth it for us, low miles, car in good condition.




same

Posted 6/29/10 9:37 AM
 

nferrandi
too excited for words

Member since 10/05

18538 total posts

Name:
Nicole

Re: Anyone ever BUY their car at tne end of a LEASE?

I bought out my friend's lease on a Honda Pilot. I think I would up getting a 2006 in 2007 for abour $24K. It was too good a deal to pass up.

Posted 6/29/10 10:41 AM
 
 

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