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How to Buy Out your Car Auto Lease in 2022 (Properly) 

Negotiation Guides
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In this video, I explain the process of buying out your car auto lease and what to expect. I discuss the buyout price, fees involved, lease buyout loans, and paperwork involved. 💰 *Get a Competitive Auto Loan*:
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How to buy out auto lease, auto lease buy out, car lease payoff, should I buy my auto lease, lease buy out loan, lease purchase loan, lease to buy, lease to purchase, can I buy my auto lease,

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14 июл 2024

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Комментарии : 160   
@Zeus0886
@Zeus0886 2 года назад
Just read in NY there was a Nissan dealer charging customers crazy additional fees to buy out there leases. They called them “cost of living” fees 😂. The fees were anywhere from $3-7k. It had nothing to do with taxes or doc fees. They all called the channel 7 news and got there money back.
@deadliftD
@deadliftD Год назад
It's not legal for a dealership to charge you anything that is not written into your original lease buyout contract. They try, but it is not legal.
@erinsilver3920
@erinsilver3920 Год назад
I leased my 2019 Honda 5 months before the pandemic, and have been working from home ever since. I have 1/3 of the miles that was the limit and the car is worth approximately $10k more than my payout, it’s practically in perfect condition and I love it. Now trying to figure the best way to buy out. Thanks!
@392NorCalSav
@392NorCalSav Год назад
Me aswell same situation
@w.k7866
@w.k7866 Год назад
Same. Please update us.
@erinsilver3920
@erinsilver3920 Год назад
@Pavel Lelin if you go to Kelley Book, they tell you what it is approximately worth in the current selling market. They rate my car to be sellable at approximately $25,000. My buyout is $15,000, based on pre-COVID expectations. But now cars are in high demand, and the market is drastically different than the dealer could have predicted in 2019. Basically I won the lease buyout lottery.
@tyooo8263
@tyooo8263 Год назад
any update? I am currently in same situation with a Kia Forte GT Line
@andresgriborio6348
@andresgriborio6348 4 месяца назад
I did the same with my Mustang 2020, my lease buy out is around 16k and the car is going for 26k. My credit is not bad but definitely not great. So I know ill get an inflated interest rate. Still at worst is going to be 20k and the car is going for 26k.
@whoshotya7507
@whoshotya7507 4 месяца назад
Thanks a lot bro my little brother is about to end his lease and buy out the car so I needed some notes and you pretty much nailed it. You should do a recent one since I know rates probably are up or down in the economy. We are in right now.
@randy6327
@randy6327 Год назад
Great video, Ari!!! I love the Wings Jersey in the back, too!!!
@rigzz
@rigzz Год назад
Getting ready to see my end of lease options with Toyota. Leased a 2020 corolla RIGHT before the pandemic (Dec 2020). This was helpful.
@lisagottes913
@lisagottes913 Год назад
Thank you. Your information helped me get the best rate and saved thousands of dollars.
@nataliedigiovanni4863
@nataliedigiovanni4863 Год назад
Thank you so much. This was very helpful to me.
@edgaracevedo9658
@edgaracevedo9658 2 года назад
I bought my lease from the dealership but not the dealership I leased the car from. They made the process so easy for me. I spent 10 minutes at the dealership including a trip to the bathroom before driving back home LOL. They asked me to email them license, registration, insurance. I walked in with a bank check which included the lease buyout on contract, state tax and their doc fee which was only $175.00. They handled everything for me with Ford Finance. The title took 3 months but the DMV was backed up due to covid. The market value was 9K more than the lease buyout total so it was worth it as a new one was way too expensive.
@w.k7866
@w.k7866 Год назад
Did you purchase a warranty and if so, was it through the dealership?
@edgaracevedo9658
@edgaracevedo9658 Год назад
@@w.k7866 No. I'm glad I did not. Besides the chip shortage, there is a shortage of parts. The warranty for 3 years that I was offered and declined was 3K. It's been 1 year since I bought out my lease and no car issues.
@GirlNextDoor1103
@GirlNextDoor1103 5 месяцев назад
Hi! Lucky you! I will remember Ford in the future! I tried buying out my lease today and what a PAIN Hyundai made it for me and wasted my entire day trying to scam me any which way they could! I went to the dealer I leased both my Hyundai’s from and you’d think my loyalty would get me better treatment, but NO! Nothing but high pressure tactics trying to scam me every which way. My credit score is 782 and Monday morning I’m going to a bank to get my loan and pay off my vehicle since the dealer has been so unethical. Moving forward NO more Hyundai!
@shaffiqmuhammad8217
@shaffiqmuhammad8217 2 года назад
Thank you Ari! You were the only video I've found that explained the entire buyout process. I was gonna rule out going through the dealers finance too.
@jetsetternick3588
@jetsetternick3588 2 года назад
Fantastic materials!!!! Kicking myself for not subscribing sooner. Outstanding honest and genuine reviews! Please keep making more! Oh, by the way, I am now a subscriber
@sylviaga6696
@sylviaga6696 Год назад
Great information, thank you!
@MVARLIYAN
@MVARLIYAN 2 года назад
Thanks I really appreciate it I'm going through the same thing and appreciate this very much
@ericdiaz8925
@ericdiaz8925 2 года назад
I used ALGO and it was awesome. They bought my lease and paid me the difference on the agreed price. It was so easy and it all happened in less than 5 days.
@robward155
@robward155 2 года назад
Will try them.
@royalgreenlantern
@royalgreenlantern 2 года назад
Question is algo only to buy the car or do they do a lease buyout where you use them as a loan to keep the car
@mynock250
@mynock250 2 года назад
I bought my leased Acura directly from Acura financial, all online very easy. The car is worth more then the lease buyout.
@RevRumble_
@RevRumble_ 2 года назад
Awesome congrats!!
@MadMicMusic197
@MadMicMusic197 2 года назад
I'm in the same boat. Was it an easy transaction?
@bmaerhofer
@bmaerhofer 2 года назад
I am thinking the same. Did you buy then sell?
@MERAZ305
@MERAZ305 Год назад
I have an Acura lease too and am thinking of doing the same how did you go about it? Did you wait until your lease was up?
@mattislinx
@mattislinx 11 месяцев назад
Oh my how those rates have skyrocketed.
@abtheraptivist
@abtheraptivist Год назад
Jan 2023 4-5% is one of the best rates out with even an 800 + score… Things have changed
@scott77775
@scott77775 2 года назад
I saved 1k in dealer fees by going direct with Honda finance.
@astralartist4
@astralartist4 2 года назад
Did you just call them? I need to do buyout next month.
@torrespppp03
@torrespppp03 2 года назад
I made the mistake of going to dealership. They are charging me $1800 in fees aside from tax title and license. I left so upset. I didn’t go through with it. I still have 3 weeks left
@nitamosquitastaros932
@nitamosquitastaros932 2 года назад
Thanks so much! Helpful information Cheers!
@UncleWill1957
@UncleWill1957 2 года назад
Thank you for this video. In the process of making this desicion to buy my out my lease now. Have been trying to figure out if getting into a new lease or buying my car makes more sense. Carmax offered 22,9 and the residual is 13,6. but the car is in great shape with only 6600 miles on it so i see no reason not to just keep it.
@jimbwayne
@jimbwayne Год назад
Great video thank you! My 2019 Honda lease is coming to an end next month, and I intend to purchase or lease a different vehicle (likely a Subaru). I do not want to keep the Honda, but of course its current value is quite a bit higher than the dealer buyout price. So I'm looking for the smartest way to handle this without too much work on my part. I assume I should buy it from the dealer (Honda does not allow third-party, to my knowledge) and then use the Honda as a down payment on a new vehicle. Is that generally the right approach? Thanks!
@robward155
@robward155 2 года назад
I live in PA and my leased vehicle is already registered to me and has a valid annual inspection sticker good until end of July. Am I therefore exempt from fees for these items while buying out my lease?
@jimfigler7416
@jimfigler7416 2 года назад
Buyout prices are not always the same for the lease holder and a dealer. I had an Ally lease last year and my buyout and the dealer buyout prices were much different. My buyout was the amount on the contract and the dealer buyout was based on the market. I thought the dealer was just scamming me so I tried 2 other dealers and they said the same. I made $6500 but it was a nightmare working with Ally, it took 2 months for Ally to send me the title after I bought it. Luckily the vehicle held its value.
@edgaracevedo9658
@edgaracevedo9658 Год назад
No the buyout was whatever was stipulated on contract. I went to a different dealer than the one I leased thru and they honored the leased buy out contract and charged me only an administrative fee of $175 and offered me a a warrantee for 3K which I decliend.
@yyzz8135
@yyzz8135 2 года назад
Hi Ari, when would you update Best Monthly Deal in March? Looking forward to it!
@brendapace5115
@brendapace5115 Год назад
Hi thanks for your great content. Question: I’m buying out my lease w GM Financial. They are giving me a quote = the residual value, WITHOUT taxes and fees. I have called GM Financial about this 3 times, but without success. I’m working w a local Credit Union who needs the total buyout w taxes, etc. How do I get what I need for the Credit Union? The loan officer has asked me to contact GM, and I’m not sure what to do. Neither GM nor the dealer is offering info. I’m in Ohio. Thanks!
@victoriabruskin499
@victoriabruskin499 2 года назад
What is a normal documentation fee at the dealership? I went to Nissan to buy out my rouge and I can't remember the exact number but they wanted to charge around $700 or $800 for the doc fee.
@nic_4849
@nic_4849 2 года назад
If the interest rate varies between private bank V dealership bank, but we anticipate selling the car well before (within 1 month, let's say) the first payment does an inflated interest rate from one provider over another really matter? Thanks all. Lease buy of a 2020 wrx .
@andrewdunn49ers
@andrewdunn49ers 2 года назад
Great video! Will a dealership ask for pay stubs if my credit is 800?
@mikecrist1641
@mikecrist1641 2 года назад
If your in Florida and have a Hyundai lease. Go to TRESL to buy out or finance a purchase of your lease. Bypass all the dealer fees!
@1ronbo
@1ronbo 2 года назад
Appreciate your knowledge and advice. I live in PA and have a 2020 leased KIA Sportage SX Turbo AWD that I want to buyout. I originally leased the car in NJ and moved to PA 6 months later. In PA we're required to bring the leased vehicle to a KIA dealership for a lease-end inspection as they won't allow a direct buyout from KIA finance. The car is under-mileage and I have been told that some KIA dealerships may add to the contracted residual value since it is a desirable model and in excellent condition. Is that true? The various online auto valuation sites (KBB, NADA, Edmunds) show the model at the current mileage is worth substantially more than the contract RV. Any suggestions on how to best complete the buyout transaction? Thank you.
@empireinc4043
@empireinc4043 Год назад
Hey did the buy out process ever work for you I may be in the same boat I live in fl and got lease from Pa as-well
@jerseyforhawks
@jerseyforhawks 2 года назад
A dealer, who I will not name, quoted us $1,250. to certify the soon to be off lease car. We passed on working with them.
@willlevine9692
@willlevine9692 2 года назад
Hello. I’ve decided to purchase my lease on a Mazda 3 hatch. I will pay cash and not finance. I’m in CA. I already received my renewal form to register the car. Should I do that before I even buy out the lease? I’m just concerned because the finance co is also on that registration. My 3 yo car has 6600 miles. Do u suggest getting an extended warranty? And if I’m Able to purchase thru Mazda chase directly all I’m looking to pay is the residual amount and taxes, correct? Oh one other thing. I’m bringing it in for its 6 month service. Do I even mention to anyone I’m thinking of purchasing it?
@zakjenner8859
@zakjenner8859 2 года назад
dude you are not buying the car from the dealer you are buying it from toyota or kia not the dealership. the dealer is only going to process your paperwork and charge a doc fee to keep your records for dmv this is what i know. and the lease contract has a residual number to buy out the car in the contract they can't change that and if the dealer did they were scamming you and kia
@blackred1032
@blackred1032 Год назад
So how do you combat the problems that's not leap
@blackred1032
@blackred1032 Год назад
Legal
@ArtistTavia
@ArtistTavia 2 года назад
Thank you for your knowledge…Question: Do you think it is worth it to lease your car first and then buy it out if you cannot get approved initially for an auto loan to finance. My thought is that the lease would allow you to pay for the depreciation until the buyout amount is significantly less than the original MSRP which may help make the odds of getting approved for an auto loan more attainable because it would be a lower amount? What do you think about this?… Thank you
@nic_4849
@nic_4849 2 года назад
I think the common knowledge here is you'd be buying a new car at 3% (in the lease terms) AND THEN at 5-7% for the used car (which a leased car qualifies as), whereas you would have purchased the car net new at 0%-1% for 3 years and then the traditional rate, so this ends up being more expensive in the long run. However, you do get yourself innto a nicer car than what you could afford if you bought it from the outset, so if you anticipate your life / financial circumstances to change beyond the math above, then sure it would be sensible to lease then buy. But it is commonly advised that this is not great idea (especially considering if g_d forbid you got into an accident while leasing and then you lose EV over the RV from your term sheet) Please, community, correct me where/if I'm wrong! Check out ari other vids - he is like a single source of truth to helping go confident into leasing / purchasing in my experience.
@shackrat2331
@shackrat2331 2 года назад
@@nic_4849 Anyone who leases just for a low payment, doesn't understand the advantages of leasing. I have been leasing any new vehicle we get since 1995. I usually trade early, but I have also bought a few. Different strokes for different fokes. I've been the biz since 85 and could have stroked a check for every vehicle. I love "But it is commonly advised that this is not great idea (especially considering if g_d forbid you got into an accident while leasing and then you lose EV over the RV from your term sheet) " , generalizations! Most leases have GAP built in and if you repair your car correctly, there is no "Diminished Value" penalty if you turn it in. Sorry to ramble. CIAO!
@marcelguarachi
@marcelguarachi Год назад
So my lease is up nov 24 and i want to keep it. Should i panic and get the financing done or do i have time? It’s nov 12
@dobromirhristov110
@dobromirhristov110 Год назад
Great video,thank you!I am on the go buying my leased car since it’s value is really high ,cause I leased it 3 years ago.The only problem is that there is many lenders that don’t do lease buyouts in Massachusetts and I got a few offers from Lending tree and even I specifically applied for lease buyout all the lenders that approved me were counting it as refinancing and as soon as I told them it’s a lease buyout they said they don’t do it in this state.Going to Toyota dealership to do that ,but I am sure will be a lot of fees and things to pay.Any way around this?Thank you! I
@simmsman413
@simmsman413 Год назад
I’m buying out my leased Honda as I’m writing this, I’m also from Massachusetts. The only condition on my Honda was that I could not sell it to another dealership or trade-in during the time of lease. It’s 2020 Honda suv with 26k miles for $14,500 listed on the written contract. To me it seems like the best option given I can’t find a better deal on newer SUV with fewer miles for $14,500, right now all the new SUV’s are $24-29,000 in my neck of the woods!
@PLT123
@PLT123 Год назад
Thank you for a helpful video. One question if you lease a vehicle with the expectation of buying it when the lease is done, does it matter if it is over the mileage amount you are supposed to stay under?
@midnightfury4584
@midnightfury4584 Год назад
It shouldn’t matter since you’re planning on buying out the car. People do it to prevent having to pay the overage.
@javedfelix
@javedfelix Год назад
Hi, thanks for the info very very important. I have a question: My end lease will be on July 2023 or 48,000 miles (right now I have 34,000 miles). I have a 2019 Jeep Wrangler Unlimited Sahara. The residual value on the contract is $28,900 (that will be on the end of 4 years leasing ). The value on Internet I got right now is $37,000. I love Jeep vehicle so I will get another one or keep this one. I think will be better to keep it to save money, right?
@kaimanakisses
@kaimanakisses 10 месяцев назад
How did this turn out? Did you buy it after the lease?
@rambojohn7118
@rambojohn7118 2 года назад
Hi Ari, I have a 2020 Jeep Unlimited Rubicon 4Dr. recon, Loaded. Only 810 miles on it. I need to terminate my lease now as soon as possible because I can’t afford it anymore. I have 22 payments left. Can you tell me what’s the difference between the Buy Out quote and Lease Return Amount ? The leasing bank is Ally. Ari I cannot buy out the vehicle on my own I need as I said I can’t afford a vehicle anymore. Thank you
@user-ew9wl6qc9d
@user-ew9wl6qc9d 2 года назад
I’m about to buy out my lease vehicle, but ally told me I can only buy out by myself, and I can’t use third party to finance for me, even they declined my refinancing with them. So now I’m so frustrated cause the market price is much much different than my buy out price.
@jamesec1949
@jamesec1949 Год назад
I’ve leased cars for 30 years and in all that time I have not recalled a car I’ve had that was worth the residual value. Until now. We’re in a market I’ve not ever seen. With six months to go on my CX-9 36 month lease I was bombarded with offers to release my lease and put me into a new CX-9. Offers that were only advantageous to the dealers. With four months to go on my lease I did my homework and found the best road to take. I offered to sell it to my dealer at a price that was considerably higher than the residual. After some negotiations we finally agreed and my dealer purchased the CX-9 directly from Mazda Finance and I received a check for a bit over $8,000 above the residual. They handled everything. I had no fees, no further payments and I didn’t have to deal with buying it, paying sales tax and then having to try to sell it. If I had gone that route, the net net would have come out the same. What a crazy market!!! Pocketing over $8,000 on a vehicle with a residual value of $26,500.
@diceguyg3799
@diceguyg3799 Год назад
Yeah, you made out BUT the problem is going to buy or lease something new to replace it is a lot more money now (unless you're ok with an older used veh.). For ex. my truck was around $40K new (leased) in mid 2019. Residual is $23500. I take care of my vehs, and on this I only have 22K miles. CarMax gave me a guaranteed price of $31500 for it. So, like you, I could realize an $8k profit. The problem is the same truck 2022 model is now $60K plus (and that's the street price - retail is around $65 -67K if you can find them in my area). So, in the long run I'd be losing by selling it even with the profit. Again, if someone is ok with buying a used older veh. then it would work for them maybe but I'm not willing to chance that - I know my veh. and that it's been taken care of.
@jamesec1949
@jamesec1949 Год назад
@@diceguyg3799 But I’m not replacing it.
@diceguyg3799
@diceguyg3799 Год назад
@@jamesec1949 Well, then you made out very well and I'd do the same if I could...but, for most, they need to replace the vehicle when they get rid of their daily driver.
@jamesec1949
@jamesec1949 Год назад
@@diceguyg3799 Yes, very true.
@terrenceli7174
@terrenceli7174 Год назад
how do I go about if i want to buy out my friend's BMW leased car at the end of his lease?
@paulstein9258
@paulstein9258 Год назад
What about combining the lease end trade in with a new purchase. In effect, the market value over residual becomes a trade in.
@robward155
@robward155 2 года назад
I live in PA. I lease a 2019 BMW X3. My leased vehicle is already inspected and registered in state of PA. I logged in to my BMW Financial website and with a few clicks and in less than 10 minutes, I received very easy documentation including buyout cost summary and instructions on how to do it. Why have Dealer to “their” costly safety inspection and add all kind of $$ when my state requires all cars get inspected yearly? YAA provided me with an extended warranty contract much cheaper than Dealer and refunds safety inspection cost towards warranty contract cost. No Dealer for me.
@doubleatube
@doubleatube 2 года назад
I also live in PA and have 2019 X3 lease ending in a couple of months. Did you get financing from another bank to buy out via BMW financial website? The YAA extended warranty you got, does it work at BMW dealers? Was safety inspection a mandatory?
@robward155
@robward155 2 года назад
@@doubleatube wasn’t necessary. Was intending to do so, but i traded my X3 in on a 2020 VW Atlas Cross Sport last week. They handled the lease buyout as part of the deal. Just checked online with BMW Financial and my account with them shows “Account Terminated”. I realized about 5k positive equity towards my new leased VW. My new lease from VW was based on MSRP. P.S. I had intended to get loan through my credit Union to buyout the lease and yes, the YAA warranty works at all BMW dealerships. The BMW warranty you now have is also through a third party warrant company, but they don’t tell you that. YAA also works with you to tailor make a warranty plan that suits your needs in terms of length and cost.
@midnightfury4584
@midnightfury4584 Год назад
Hoping my leased Ford Fusion phev will be worth more than the buy out. It’s looking like it though. Since it’s a phev, it should be around 10k difference.
@chaoticstylez
@chaoticstylez 2 года назад
Hyundai is asking for a check to an address. Seems pretty cut and dry. I do not want to deal with dealerships especially since I don’t trust them. Bluebook on 2020 Palisade is much more than residual value of my lease. Thoughts?
@nikio3650
@nikio3650 11 месяцев назад
My contract says I can buy my 2020 Infiniti QX60 for $23k. I think I will buy out.
@SurbhiGupta
@SurbhiGupta 2 года назад
Ari your content is immensely educative! thank you for making these videos! Can you please make a video on things to consider when one is taking over a lease from another person? [let's say taking over a BMW x1 2020 lease for the remainder for the lease (13 months left) at $400/ month]
@user-br8co2xp6w
@user-br8co2xp6w Год назад
How about if it’s a joint lease but one agrees to buy the car what would be the proper actions
@J1c80
@J1c80 2 года назад
So a dealer can actually add to the residual value amount of what It says on the contract when I 1st leased it ? I know that they do charge a documentation / process fee but cam they actually change the purchase price higher than the residual value that is on my original lease contract ?
@aceitalia83
@aceitalia83 Год назад
No, the residual value is the cost of the vehicle, before tax, if you want to buy it.
@thomasviscoso4078
@thomasviscoso4078 2 года назад
My Toyota Lease is through Ally Financial and from what I understand you don’t have a choice but to return to the dealership to purchase. I’m in New York, wondering what kind of fees they can actually charge? I believe document fee is capped at $75.00 here
@astralartist4
@astralartist4 2 года назад
Also the honda dealer told me i may have to payvtaxes oncthe current market value of car upon lease buyout, unkess i buyout from them - they would only report the value as the agrred upon buyout number
@erikho7933
@erikho7933 Месяц назад
Can I choose which financial company to lease the vehicle from or it is determined by the dealer and I won’t know until everything is done? Second question, Do you still have to pay the remaining monthly lease interest If buying lease out early? Thanks!
@MK-cc8ih
@MK-cc8ih Год назад
But i was reading that it is illegal for the dealer to add any type of fees to the buyout price that is on the contract.
@angelmacias5887
@angelmacias5887 10 месяцев назад
My Camry’s residual value is 15k at the end of the lease (2025) but my early lease buyout is 24k with it being on the market for around the same value as the lease buy out… not sure if I should wait longer to do a buyout
@shootinblanks007
@shootinblanks007 5 месяцев назад
Good content but quick question… who fills out the RTA for theMSRP sale date cost and maybe tax info?
@tiyya91
@tiyya91 Год назад
Leased my Audi Q3 in February 2020. If I go to my Audi account online it says my residual amount is 20k . So does that mean I have to finance 20k to “buy out my lease”
@rileyalec
@rileyalec Год назад
Is getting bigger tires going to sing me on a “safety inspection”?
@royalgreenlantern
@royalgreenlantern 2 года назад
I leased a blazer RS 2020. The car now is worth 41k my lease buyout is 30k so im looking at loan companies to buy the car
@robertch18
@robertch18 Год назад
Hello, my lease car is under my sisters name and im planning to buy the car. Can i buy the car at the pay out price?
@angelamwatts
@angelamwatts 2 года назад
I leased a brand new Chevy Malibu in 2020. The car is in mint condition because I barely drove it. It has less than 10,000 miles on it and my lease is up soon. The car significantly went up in value and due to the fact that the car is Immaculate inside and out, I'm afraid that the dealer is going to try to schiester me to get the car or make me pay a lot of money. I want out of the lease because I am sick and tired of paying $469.00 per month for a car payment. It's outrageous to pay that much money for something that I barely use.
@Fvargas212
@Fvargas212 2 года назад
Thank you so much for this video. I am going through the same situation with my current lease. I have 5 months to my lease to end and my payoff amount is 18k. The value on the vehicle is currently at 27k however I had an accident a few months back and the car is still on the shop insurance did not want to totaled it. Now im just waiting to receive the vehicle back from the shop and traded it in. Is this a good idea? I no longer want to keep the car because of its frame damage.
@juanromero961
@juanromero961 2 месяца назад
Hey! What did you end up doing??
@Fvargas212
@Fvargas212 2 месяца назад
@juanromero961 I traded it in same week I got it back from the shop.
@4pitts1burgh28
@4pitts1burgh28 2 года назад
2019 Honda Accord with 22,000 miles. Every dealer low balls my appraisal like crazy. The things in great shape and I'm getting 19k-21k offers. "We buy any car" offered $25,500. They're going for $29-31k. Might be better off putting it on Craigslist
@manuelzavala8314
@manuelzavala8314 2 года назад
Hi good morning... I just bought my 2019 Honda Accord it was a lease... Did you have to go to DMV tu put it ander your name...?
@4pitts1burgh28
@4pitts1burgh28 2 года назад
@@manuelzavala8314 no I purchased the lease originally.
@anglf1798
@anglf1798 Год назад
If I buy out a lease Kia that was involved in a 14,000 accident. Car already fixed. Can I get a bigger discount when buying out.
@glenngordon3044
@glenngordon3044 Год назад
Thanks for the education on lease buyout.
@jjp6970
@jjp6970 2 года назад
Ari I will pay you to handle my lease buyout. I payment left. I don't want to deal with the Nissan dealership in this car environment.
@jerryhantz7233
@jerryhantz7233 Год назад
I want to purchase my lease,do i have pay the DOC fees?
@BL_Denni
@BL_Denni Год назад
My Tacoma payout is 20 k the thing is selling for 48k rn
@calliopivogiatzis2235
@calliopivogiatzis2235 Год назад
We returned our 2020 Chevy malibu a few months early to the dealership and they would send .GM financial a pay-off check. Instead,the opposite is happening. I'm constantly being bearaded,with calls from GM financial demanding the payments from us!
@blackred1032
@blackred1032 Год назад
Do you pay them so what do u do?
@Nick91768
@Nick91768 Год назад
I just bought out my leased 2019 Jeep Grand Cherokee Limited with 17k miles from Visions FCU, not the dealer. Buyout was $24,400 plus tax, 3.75% interest rate. Market value is 36K.
@paulstein9258
@paulstein9258 7 месяцев назад
My Toyota lease with 12,000 miles is ending. I’m thinking of buying it through the dealer as a certified cost. A number of advantages including certified warranty. What would be a fair to pay over and above residual value. $ 2000 seems fair.
@paulstein9258
@paulstein9258 4 месяца назад
My Toyota said no. They said you can only get a certified car if you buy it from the dealer. You can’t have your existing car certifief.
@gotfaith1311
@gotfaith1311 Месяц назад
What If You had the truck for only two months and haven't made the first payment?
@shel1102
@shel1102 23 дня назад
As a former Kia owner. Anything Kia is a nightmare
@redciroc1211
@redciroc1211 2 года назад
I got an accident report on my leases car as well smh
@Noneofyourdambusssiness
@Noneofyourdambusssiness 2 года назад
I just bought out my very low mileage 2020 Palisade Limited lease at 25 months into my lease. Here in PA you don't have a choice, you have to go through a dealership. I paid cash for my buyout- total taxes and fees $33.5. Carvana is offering me $43k, Carmax $42.5 so I decided to sell it since I don't drive it as much as I'd like to. My problem is waiting for the title...going on 4 weeks since buyout.
@itguru2037
@itguru2037 2 года назад
Sell it
@robward155
@robward155 2 года назад
Who told you you have to go to a Dealership? A Dealership? I live in PA and lease a BMW. I can buyback my leased car direct from BMW Financial (lender) without stepping foot in dealership.
@itguru2037
@itguru2037 2 года назад
@@robward155 because you have a Bmw
@Noneofyourdambusssiness
@Noneofyourdambusssiness 2 года назад
@@robward155 That's what I was going to do. I called Huyndai Financial and they said that in PA, I had to go through a dealership (pref the one I leased at) to buy out the lease. I've done a couple of buyouts while stationed in WA and FL and always deal directly with the company. Not in this case- anyway sitting waiting on tittle to sell it. Hopefully the offers won't drop too much. Worse case I keep a paid off suv.
@66pacesetter
@66pacesetter 2 года назад
I have been leasing with BMW for a few years. Normally would roll into another lease. Absolutely refuse to pay 700 to 800 dollars a month for a 330xi . My lease is up in 5 months. My 2019 330Xi has a residual of 32,400. Selling for 38,00 on the dealers lot. Can I buyout at the end of my lease. Without going threw the dealer. By just financing threw BMW Financial? Or my local credit union? Thanks!
@emperor187
@emperor187 11 месяцев назад
Just to say how absolutely insane it is that "running" your credit also lowers your credit score. That should never happen, you should be able to see YOUR credit score at all times, not go through some arcane process that benefits only lenders and doesn't mean squat to risk mitigation.
@brentevans7872
@brentevans7872 Год назад
Are you over exaggerating stuff? In the case of a Honda/Acura lease you can purchase directly from Honda/Acura Finance
@jdoubledogp
@jdoubledogp 2 года назад
I paid off my lease. Now I have to go to DMV and re-register the car. I did just renew my registration 3 months ago for $500. Will I have to pay $500 again to re-register it when I go to the DMV?
@Nick91768
@Nick91768 Год назад
$500.00 for registration? Which state do you live in? In NJ, it's $85.00 for my Jeep registration.
@Liza5888
@Liza5888 4 месяца назад
In Ohio it’s $61
@LivingInWestlakeVillage805
@LivingInWestlakeVillage805 2 года назад
Trying to buyout my lease through Honda here in CA and they are adding $2,995 fee to make it “Honda Certified” they are saying it’s a required fee. I bought out a lease before with them and this fee was not added. I think the dealerships are adding this because they know that these used cars are worth more than the residual value that’s in the lease contract.
@DanBlackRacing
@DanBlackRacing 3 месяца назад
I wish interest rates were still this low 😂😂😂
@lukemignano7721
@lukemignano7721 2 года назад
If I choose to trade my leased vehicle in, will they give me cash for it ?and or will they haggle with me and nickel-and-dime me for that car even if I have quotes from Carvana, CarMax, Vroom?
@originalmind9792
@originalmind9792 Год назад
Awesome vid - very informative. Not able to subscribe for some reason??!?
@joshuaonevnine
@joshuaonevnine Год назад
Im just buying it out with cash
@lloydcollins
@lloydcollins 2 года назад
I guess next week the videos will tell you to start leasing again??
@itguru2037
@itguru2037 2 года назад
Yep 😂. This man is a liar
@user-qz4cn5nz6o
@user-qz4cn5nz6o 2 года назад
Who is a liar??? c'mon folks. Things change, Markets are not stable and i guess dealers' tendencies are also subject to change somehow. So gotta go with the flow and if people have been listening carefully Ari has been offering options. It is your call.
@rudyborce4572
@rudyborce4572 Год назад
Hey I just paid off my 2020 Ford Explorer they offered me 2k dollars for 5 years extended warranty it’s bumper to bumper cover. Do you guys think it’s a good deal? Oh btw including 24/7 road side assistance
@ernestoreyes5549
@ernestoreyes5549 Год назад
Bumper to bumper ..good deal for 2k ..sell before warranty is up
@viyau10
@viyau10 Месяц назад
I’d like to know if you’re jokes are way over the allowed say about 20k miles over what are the options then
@massarimarshall8998
@massarimarshall8998 2 года назад
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate.
@stayingalive646
@stayingalive646 2 года назад
I don't trade, I invest with a professional assigned by a crypto company that trades for people and returns profits on weekly basis for me and you can invest your capital and get weekly Returns of investment (ROI) without any extra fees attached
@stayingalive646
@stayingalive646 2 года назад
The professional is Ms Jennifer Fortune 🔥
@theobatistuta9853
@theobatistuta9853 2 года назад
Ms Jennifer Fortune has been managing my trading account for months and I keep making profits every week, I made $9,250 last week
@udell7175
@udell7175 2 года назад
@@theobatistuta9853 Really you know her😳... I even thought I'm the only one she had helped walk through the fears and fall of forex trading
@karimdarcy5533
@karimdarcy5533 2 года назад
With my initial investment of 5,000€ , I made a profit of 11,500€ in Six days with Ms Jennifer Fortune
@robertperala
@robertperala Год назад
The dealer are thieves, my residual value is $16,500 on a CrV 2020 due back in October 2023. They want to sell it to me at $21k plus taxes and fees for 75 months
@donemigholzjr.7344
@donemigholzjr.7344 2 года назад
Why?!?!?!? do you explain all the details, the long shot scenarios, the obscure situations before you go over the normal way to buy out a leased car??! No thumbs up for you......6:07 AhuG!? Absolute suffering of intense physical and mental pain.
@lloydcollins
@lloydcollins 2 года назад
Welp not sure why you only respond to your “DM“ messages… But wondering why you are not addressing the disparity in your videos. One week you will say don’t buy or lease something, the next week it’s the worst idea ever. Should I DM this message to get a response?
@itguru2037
@itguru2037 2 года назад
He’s a damn 🤥
@snap4720
@snap4720 2 года назад
He's a liberal
@a004
@a004 Год назад
You talk too much, this could have been a much shorter video
@ashonbolaghi4095
@ashonbolaghi4095 2 года назад
af96od ru-vid.com/group/PLz3IoCFBlr8jWPjcY-dyDKBRWxFH97Fr4
@karlakiss19
@karlakiss19 Год назад
Hiii great video! Great info! I need some help clarifying something. 🥲 I’m currently in the process of buying out my lease. I’m doing it on my own through a credit union. Obviously the dealership is blowing up my phone to go in but I don’t know if that’s really necessary since I’m doing it w the bank. Now, I need help with the lien issue. I don’t understand it much. Does the bank have to buy it out, then the tittle is released? And then I go to the dmv to change the lien? I’m having a bit of an issue trying to find what docs I need for that release 😖 I live in the state of Florida. I’d appreciate if someone can give me the step by step in the lien process. 🙏🏽
@davidh8021
@davidh8021 Год назад
Did u ever get an answer to these questions?
@deadliftD
@deadliftD Год назад
It's not legal for a dealership to charge you anything that is not written into your original lease buyout contract. They try, but it is not legal.
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