Reports on ways drivers who lease their automobiles can get bargains by purchasing the automobile from the lender. How banks lose money on cars returned at the end of leases; How to negotiate at the end of a lease.LundegaardKarenEBSCO_bspWall Street Journal Eastern Edition...
Buying a leased caris not for everyone. Some people may prefer to continue leasing new vehicles, and others may want to check out the used car lots for their next purchase. When making this sort of decision, it's best to weigh the pros and cons to determine the right move. Pros of b...
At any time during your lease, you or someone else can purchase your vehicle from your leasing bank, allowing you to trade in your car to a different dealership than the one holding the original lease. To do so, your dealer must satisfy your leasing bank with the leased vehicle's purchase...
We can finance the purchase of your leased vehicle if: You’re at least 18 years or older—unless you live in Alabama, then it’s 19 You’re a U.S. citizen, resident alien, or non-resident alien who currently lives in the U.S. ...
Plus, you can buy the car at the end of the lease period. Preset price: The buyout price for the leased car is determined at the start of the lease, so you already know how much you’re expected to pay. It’s included in the agreement. Earn money: You can make money by selling...
For example: Not all dealerships allow you to move to a different state with your leased car (due to taxes), making relocation a problem. You are also given a set amount of miles to drive, such as 12,000 a year for three years. If you drive more than that, you need to pay f...
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