You'll want to ask yourself if you like the car. If you do, the next step is to look at your lease contract and find the buyout price. Then compare that to the True Market Value of your car (look at dealer retail and private party) to see if the buyout price is lower. If it is, it's a good deal. If you would like assistance with this, or if you just want to discuss your options and get free advice, click here to be paired up with an Edmunds car buying expert.
Articles in this section
- Can I get a better deal paying cash for a car?
- Should I buy a model that is going to be redesigned soon?
- What's the difference between a demo car and a program car?
- Are destination charges negotiable?
- Should I buy an extended warranty for my car?
- Should I buy a car off the lot or factory order one?
- How much can I afford for a lease?
- What is MSRP or 'sticker price'?
- My lease is up. Should I buy the car or turn it in? (video)
- Are rebates and incentives subject to tax?