Best lease strategies when you plan on buying leased car

Ask the Hackrs
1

Hi,

I’m hoping to possibly buy my next leased car when the lease ends so would there be any differences on how to negotiate the lease? I know it would probably be cheaper to buy a used car instead of lease and then buy it but I like that I would know the vehicle history, etc.

Thanks

2

You’re better off buying it from the get-go if you plan on buying out a lease, unless there are unbelievable incentives vs a buy. In that case, I’d lease then just take a loan and buy it.

3

Not to mention it’s harder to get good financing on a used vehicle vs a new vehicle. Manufactured-backed low APRs usually don’t apply to used car loans.

Save yourself the headache, get a loan and purchase the vehicle.

4

and he’ll save the acquisition fee as well, that I forgot to mention.

5

Thank you, yeah I’m not sure if I’ll buy or just keep leasing yet, I do like driving a new car everything 3 years but I also kinda like the idea of adding things to a car like remote start/interior lighting etc instead of paying up front right away for those things not to mention eventually not having a car payment. I’m actually leaning towards just leasing though

6

Then to answer your question, there are no differences in leasing strategy one way or another.