Lease Buyout

pdubb said:

Yes, I'm really leaning towards just purchasing it out when it's due. It will probably won't have more than 18k when it's due. Considering how much it cost to lease right now, it's making more sense daily. For the same type of car, infiniti wants close to $700 a month for a lease. At carmax a Qx50 of with this mileage is selling for 35k. I guess worse case I can buy it then sell it to carmax.

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pdubb said:

I need your opinion...... I am leasing a 2020 Qx50 Luxe and it's due to be returned in August. My monthly payment is $350, my residual is $23,400. The finance company is telling me I can buy it at the end out the door for $25k. It currently has 14k miles on it. I don't drive much, it will probably have no more than 17k at lease end. Would you guys buy out the car or just return it

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LQQX50 said:

You Already paid for half of the car ~ You only put on an average of 1 year's worth of miles based on the typical driver's usage ~ You know the Car better than anyone else ~ A 2020 QX50 with only 14,000 miles for $25K Out the Door seems too good to walk away from ~ Then again . . . People Like NEW Things, New Cars, the Latest and Greatest . . . I gave my my opinion ~ only you pdubb, can make this decision . . . Let us know what you ultimately do

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pdubb said:

I need your opinion......

I am leasing a 2020 Qx50 Luxe and it's due to be returned in August. My monthly payment is $350, my residual is $23,400.
The finance company is telling me I can buy it at the end out the door for $25k.

It currently has 14k miles on it. I don't drive much, it will probably have no more than 17k at lease end. Would you guys buy out the car or just return it

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