Can You Buy A Leased Car -

: Your lease agreement includes a predetermined price, called the residual value , which is the car's estimated worth at the end of the lease.

: If the car is worth less than the buyout price, it’s usually better to return it. can you buy a leased car

: Once you own the car, you are responsible for all repairs and maintenance after the warranty expires. : Your lease agreement includes a predetermined price,

: Buying the car allows you to skip costly fees for going over mileage limits (which can cost 15–30 cents per mile) or for minor damages. called the residual value