Is Lease To Buy A Good Idea at Buying

Is Lease To Buy A Good Idea. Conversely, if the purchase option price is lower than the market value of your vehicle, then it might be a good idea to consider buying it—provided you like the vehicle. When your lease is over, to buy it the dealer will ask the remainder of the value of the car.

If you lease because you want a new car in 3 years or so and are comfortable with the monthly payment then that's good, however if you want to keep a car for 7 years then leasing with the intent to buy is probably the most expensive way to purchase a car. I currently drive for a friend. For millions of people, leasing is perfect.

House HuntingThe Erin Way Amy Allender

If you’re not certain that you’re going to be able to purchase the rental home at the end of the lease period, you might be better served with a standard rental agreement. If you do qualify and are offered a property, rent to homebuy comes with no contractual obligation to buy. Case in point, i had a call from a client last week who wanted to buy his five year lease out after the first year. Buying your leased car saves the leasing company shipping and auction fees.