Are Leased Cars Good — To Buy

Often, the residual value (the price set at the beginning of the lease to buy it later) is lower than the current market value of the car.

You are over your mileage limit and would otherwise owe heavy penalty fees. are leased cars good to buy

Are you looking to or purchase someone else's off-lease car? What is the make, model, and year of the car? Do you know the buyout price ? Often, the residual value (the price set at

If the buyout price is higher than the current market value of the car (check Consumer Reports or Edmunds to compare, say the experts at Edmunds and Consumer Reports). What is the make, model, and year of the car

Yes, buying a leased car (either your own at lease-end or a used "off-lease" vehicle) is often a because these vehicles are typically only 2–3 years old, have low mileage, and are well-maintained.

If you are buying out your own lease, you know exactly how the car was driven, maintained, and whether it has been in any accidents, according to Edmunds .