Buying A Leased Car Before Lease Ends. Using a lease trading service like swapalease.com is another option that can save you the early termination fee. It’s typical for a lease agreement to have an option to buy the vehicle for its residual value when the lease ends.
If your car is actually worth more than its estimated residual value, that would make it a great deal. You have the option to purchase the vehicle for this price, plus a purchase option fee. How can you break your lease without penalty?
Your Car Lease Expires Soon — What Should You Do?
Carmax will pay off the lease. Since the residual value in a car lease is always an estimate, the actual value of a vehicle at the end of a lease will almost certainly be different from the estimate. New and used car prices are higher If you're looking to move on from a vehicle before its lease term is up, you don't have to break the lease (and pay the subsequent fees) to do it.
