: Your lease agreement includes a predetermined price, called the residual value , which is the car's estimated worth at the end of the lease.
: 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 can you buy a leased car
: You already know the car's full maintenance history and how it handles, which is safer than buying a different used car with an unknown past. When to Think Twice : Your lease agreement includes a predetermined price,
: Use tools like Kelley Blue Book or Edmunds to see if the car is actually worth more than the contract's residual price. called the residual value