: Unless you're paying cash, you'll need a lease buyout loan. Credit unions like Camino Federal Credit Union or Island Federal often offer lower rates for these loans compared to dealerships. When It’s a Good Idea
: Buying the car allows you to skip costly fees for going over mileage limits (which can cost 15–30 cents per mile) or for minor damages. can you buy a leased car
: If the car’s market value is higher than your buyout price, you’re getting a deal below market rates. : Unless you're paying cash, you'll need a lease buyout loan
: Use tools like Kelley Blue Book or Edmunds to see if the car is actually worth more than the contract's residual price. : Unless you're paying cash