My lease is coming to an end in August for an 2021 Acura RDX SH-AWD. I have about 21,000 miles on it out of a total of 22,500. I’m wondering if I should buy it out (we like the car) or if I could find another lease on a suv with better gas/ potential EV SUV for similar or lesser pricing. I am in the Chicagoland area.
I leased the car through Acura financial services at $432 a month and gave $1000 down.
Residual is $24,757.40 + $1800 in taxes. Lease disposition date is 8/30/2024. Disposition fee of $350. Current payoff is $27,805.67. I would likely secure a buyout loan through a credit union, etc.
I have not extended the lease at all and do not plan on doing so.
I received a quote from carmax for ~$29k but didn’t take it seriously. Carvana was offering me $24,000