I work in lease end of term/Remarketing for one of the major US auto manufacturers. I agree that on 90% of the vehicles that we have, it does not make sense to buy out your lease. Reason being, that yes, residuals are purposely set high to come out with a low attractive monthly payment and compete with everyone else. However, there are a handful of vehicles where it is the opposite, and a lease buy out on those actually provide the consumer with thousands worth of positive equity on their purchase compared to current market values. With our process, if the consumer OR the dealer buy out the lease, the consumer is not charged for excess mileage, among other things.
what kind of vehicle is it and who is the lease with?