Lease buyout timeline

Ask the Hackrs
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Hello. My lease on Volvo expires on June 26th. When do I start the buyout process?

  1. Can I start the buyout process right after my last payment on May 26th, or does it take more time? I don’t want to end up in the position when Volvo financial will tell me ‘too late to buy it out now’… thoughts? I will need financing.

  2. If I want to try and sell the car back to Volvo and benefit from the difference between residual and the price that Volvo will pay , how soon before the lease end should I start visiting dealers to get their quotes?

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3 posts were merged into an existing topic: Lease buyout XC60 - need help!