Car Lease Return

The buyout price is negotiable. It is in the best interest of the lease company to sell the car to you rather then taking it to auction where they would get next to nothing for it.

Check Edmunds.com for the True Market Value of the vehicle. Then contact the lease company and let them know you are interested buying the vehicle and possibly financing the purchase through them.

Ask for the for the name and phone number of the person who makes the decisions. Call that person and make them an offer that is inline with the Market Value of the vehicle. You may get a very pleasant response.

To learn more lease negotiating tips visit auto lease guide.

There are a few things you should do before you return your lease vehicle to the dealership to ensure you don't get dinged with lease end penalties.

1. Check the mileage on the vehicle to ensure it is within the allotted mileage stated in your lease agreement.

2. Have any windshield chips or body damage repaired.

3. Wash and wax the vehicle and vacuum the interior.

4. Put your maintenance records together so you have them available in case the lease company asks for them.

To learn the insider tips and tricks that lease companies don't want you to know about leasing visit auto lease guide

Depending on your lease contract you may have the option to trade in your vehicle. This allows you to return your vehicle after fulfilling your lease obligations and drive away with a new leased car.

Many people choose to lease because there is no hassles with trying to sell a used vehicle. If you choose lease terms that coincide with the vehicle warranty you can always drive a new vehicle that is covered by warranty and avoid any out of pocket expenses in the invent of a vehicle breakdown.