End of lease options - am I stuck?

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07-01-16 | 08:51 AM

#46

coolsaber

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Joined: Mar 2015

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From: In your head

Quote:

Originally Posted by situman

Is there a reason why LFS will not allow you to sell the lessee back their car? Also what's the reason why LFS will not allow the lessee to negotiate the buy out after lease ends? I understand it kinda forces the customer into a new car, but it also increases supply in the used market. Can't think of anything else.

I think he or she meant you cannot neg. on the buyout. Which makes sense, since well if the residual is higher then the market value, LFS would be loosing potential profit by selling at market. Plus those who are buying out, are probably set in their decision, so LFS can use that against them.