Talk of The Villages Florida - View Single Post - Selling Leased Car Back to the Dealer
Thread: Selling Leased Car Back to the Dealer
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Old 11-07-2021, 09:29 AM
kkingston57 kkingston57 is offline
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Originally Posted by ElDiabloJoe View Post
What's the best way to buy our my lease? Same as the OP, I've got a 3 year lease coming up in May 2022. We are well below the yearly allowed miles, and wish to keep the 2019 Toyota Rav-4. Do I have any options other than paying the $20K Toyota Financial says is the residual value?
Looks like you are in a good postion to buy the vehicle. Residual value was set 3 years ago and did not reflect market condions of used vehicles. Bet that if you give vehicle back to Toyota they will sell vehicle for a lot more than they anticipated 3 years ago.

Good position to be in.