Auto Lease Ending. What Can I Expect If I Purchase Vehicle
June 12, 2014 10:33 AM Subscribe
The current 3 year lease on my car is about to end. I have decided to purchase the car.
What are the next steps? I want to be prepared when I go back to the dealership.
I will be paying a $150.00 purchase option fee. Will I be negotiating the monthly payment? Will there be anything else I will have to negotiate.
I also purchased a lease protection program t. The lease ends next month. The vehicle does have scratches and dings. Does the protection cover the vehicle within the lease or does it apply only when the lease ends and the vehicle is returned to the dealer.
Any other insights appreciated.
posted by goalyeehah to Work & Money (7 answers total) 2 users marked this as a favorite