Hi,
I have 2020 GLE lease that is due end of this month. I am in Seattle. I did a appraisal with carmax and it came back with 41k. To buy the lease, it is $42K. The car has 33K miles.
Ideally I would like to get a new lease on a GLS. But, given the high interest rate, and I think better lease deal will become available during second half this year or next year, my current thinking is to buy the lease now, and sell it in 6 to 12 months.
Is this a bad idea? I am curious to get your thought. Thanks in advance.