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I have a 2012 Nissan Rogue SV AWD. The lease will be up in May of 2015.
My options are to purchase the vehicle for $14200 + tax and license. The car will have low miles for it's year (probably around 36,000) and the allowed miles was 48,750 so I'm basically giving the dealership 12,750 miles.
Other option is to trade for a new one and at that point the dealership would wave all the end of lease fees.
Other option is to simply drop it off and then get the bill for the fees.
My question is since I am turning in a car with low miles that will be a good used car for their lot, can I negotiate them to just wave all those fees? Since I can buy it for around 14K and they will probably get 18-20K for it off their lot, that's 4-6K incentive for them to give me a break right?
Just wondering what the experience of others here has been. Thanks.
The leases I have experience with and I have gotten were usually work trucks. At the end of the lease I used to just return them and pick up another lease. But these trucks were returned with 70-80k on the odometer.
If you like the vehicle you are currently leasing and the buy out seems fair then just keep the car. If it's been reliable you can keep it another three years and then sell it. It will be 6 years old and you should be able to get a good amount back. Or you can keep it until its at 100-120k and then sell
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