Your lease is almost up. What are you going to do? Of course, you can turn it in. Sometimes it’s almost as easy as just handing over the keys. But sometimes you may owe money for mileage overages, wear and tear or accidental damage. Did you know that you might have another option? Have you ever considered buying out your lease? Most lease contracts allow you to purchase your leased vehicle for a pre-specified buyout price. Just like buying a used car, you can often finance that amount or simply pay it in full, in cash. But should you? There are several things to consider before making that decision.
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How Kelley Blue Book Gets Used Car Values…
Ever wonder how Kelley Blue Book gets used car values and why we even trust those values to be the standard of the industry? The Folsom Auto Mall has those answers for you.
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