# Buy out of a leased vehicle

**URL:** <https://community.cartalk.com/t/buy-out-of-a-leased-vehicle/27357>\
**Category:** General Discussion\
**Created:** [March 6, 2009, 4:33pm UTC](https://community.cartalk.com/t/buy-out-of-a-leased-vehicle/27357 "2009-03-06T16:33:06Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![ginger32](https://avatars.discourse-cdn.com/v4/letter/g/71e660/32.png) [@ginger32](https://community.cartalk.com/u/ginger32)\
**Post date:** [March 6, 2009, 4:33pm UTC](https://community.cartalk.com/t/buy-out-of-a-leased-vehicle/27357/1 "2009-03-06T16:33:06Z")

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am i able to negotiate the buy out price of a vehicle at lease end?

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**Author:** ![Docnick](https://avatars.discourse-cdn.com/v4/letter/d/ecae2f/32.png) [@Docnick](https://community.cartalk.com/u/Docnick)\
**Post date:** [March 6, 2009, 4:59pm UTC](https://community.cartalk.com/t/buy-out-of-a-leased-vehicle/27357/2 "2009-03-06T16:59:18Z")

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To a certain degree, yes. However, normally the buyout is specified in your lease, subject to mileage and vehicle condition. If you put on a lot of miles you may be penalized at the end of the lease if you don’t buy the car.

Many car companies have lost their shirt by selling a low cost lease when resale values were good; they have now tanked, and they would be happy if you took the car off their hands. Depending how desperate the dealer/company is, you may be getting a great deal. If you have looked after the car, and paid all that lease money you will get agood deal regardless.

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**Author:** ![ginger32](https://avatars.discourse-cdn.com/v4/letter/g/71e660/32.png) [@ginger32](https://community.cartalk.com/u/ginger32)\
**Post date:** [March 6, 2009, 8:54pm UTC](https://community.cartalk.com/t/buy-out-of-a-leased-vehicle/27357/3 "2009-03-06T20:54:39Z")

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Thanks for you insight very helpfull. The car is in excellent condition, well maintained with below required mileage.

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**Author:** ![Docnick](https://avatars.discourse-cdn.com/v4/letter/d/ecae2f/32.png) [@Docnick](https://community.cartalk.com/u/Docnick)\
**Post date:** [March 6, 2009, 11:08pm UTC](https://community.cartalk.com/t/buy-out-of-a-leased-vehicle/27357/4 "2009-03-06T23:08:14Z")

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In that case don’t let them try to jack up the buyout price. My mother-in-law leased a car and drove very little. She bought the car at the end of the lease and is still driving it after 11 years!

A few years ago I helped a friend buy a Shell lease car from the dealer when the Shell engineer went back to Europe. He got a 2 1/2 year old Taurus with only 17,000 miles on it for 45% of the new price. And he’s still driving it!

A lease buyout is a good deal, since you know the car and whatever you put into it will be an investment in the future.