[Paula6]

We just brought out our lease in NY in December with Honda Financial. Go directly thru the financing company.

[DonnaNi4os]

Originally Posted by njbchbum

The one time we leased a vehicle we wanted to purchase the car at the end of the lease. We skipped the dealership and went directly to the leasing company to negotiate the purchase price. Wound up considerably less than the amount stated on the contract! Have you tried negotiating with your leasing company yet?

Wish I had read this advice prior to buying out my lease. Thanks for posting this. Who knew?

[jimhurtt@twc.com]

I would think that now is the time to buy your leased vehicle at the buyout price quoted on the original lease. Because with the current tremendous increase in used car prices, it would be advantagious.

[wamley]

I bought my Honda Accord and paid what was listed as the buy out costs me at lease end. The finance company owns the vehicle and usually is bought back by the dealership that provided the car for the initial transaction. I've heard of dealerships trying to get some money out of these transactions now that used cars are a premium today. Call the finance company and not the dealership.