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Went to car max yesterday.
They offered me 36,000 for the car. Which I think means Retail value of car is about 40,000.
The way I look at it is I have two more payments and should have 45,000 to 46,000 miles on the odometer when the lease is over.
So if I buy the car then I still have a warrenty for another 4000 miles.
I need something to drive everyday and my Honda S2000 or my GT3 don't cut it (to scared to drive the GT3 everyday--don't want to get miles on it, and it's too loud).
So, why not buy the car. It has been a good car and I didn't abuse it. If I change my mind later----and sell it or trade it....well I won't be upside down really...just flexible with what I want to do. If I lease a new one....then I am committed for like 3 more years, and if I buy a new car.....it takes one heck of a depreciation hit right away.
Smart move buying the car at the end of the lease right ?
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