Description: When you drive a Minivan or a Rolls and if you lease it, theres a decision on your future. When that leases up, exercise your option to buy the car on its residual value. Most leases have a provision which allows you to buy a car when the lease ends. According to Stacy Johnson, CPA from Money Talks, 'You might not have to pay that residual value, try to call them up and try to offer them 500 dollars up over the whole sale value.' How to find your car’s whole sale value? It’s the same way finding your car’s current market value by looking it up online from various websites. So if your car is a deal and might want to buy it, try to get the lease car less than on its residual value. Another thing to consider is when big penalties apply. The bottomline is, as the end of your lease approaches, check the residual, the current value and estimate the cost of turning it in then try lower the offer and hope for the best. This website offers awesome auto insurance deals for lease cars... Check out cheap and affordable auto insurance quotes online!
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