At the end of your term, you can either return the keys or pay that residual price (plus any fees) to own the car outright. Why Lease-to-Buy?
If you went over your mileage limit or have some minor "wear and tear" scratches, buying the car at the end of the lease usually wipes those extra charges away. Things to Consider lease car then buy
You drive the car for a set term (usually 3 or 36 months) while paying for its depreciation rather than the full purchase price. At the end of your term, you can
You get several years to see if the car fits your lifestyle, has mechanical issues, or if you truly enjoy driving it before committing to a 10-year relationship. Things to Consider You drive the car for
You know exactly what the car will cost years in advance. If the market value of the car ends up being higher than the residual value, you’re getting a bargain.
If you love the car and it’s worth more than the buyout price, it’s a smart financial move. If the car has lost more value than expected, you can simply walk away—one of the few "win-win" scenarios in auto finance.