Should I buy out my car from lease and resell it since the market price is higher?

, ,

As the market price for my leased Mazda CX-5 2020 Touring with preferred package is currently higher, would it be a wise decision to buy out my car from the lease and resell it? The lease is ending in 2 months with only 11k miles driven and the car is in excellent condition with a residual value of $17200.

Also, what important factors should I take into consideration and be aware of when buying out a leased car from the dealer? Your advice would be appreciated. Thank you.

Best regards,
Cell
#marketplace:northeast #lease-end-purchase #Mazda CX-5

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