Fleainat

Does anyone know the best rate and/or timing when buying out a lease? I know that I want to purchase my RX, but I'm only 5 months into the lease. I asked the dealer how to buy it out, and he said wait until the end of the 3 years because there is a lot less risk involved.

However, I think I will be going over on my mileage and I would prefer to finance the car if there are good rates out there... If I get a loan at a bank, is it considered a new car or used car purchase? THANKS!

Joeb427

iTrader: (1)

At anytime you can pay what the residual is plus sales tax.
The rate was 4.5% from Lexus a few months ago.
I bought my '09 lease 20 months in and would up buying a '10 months later.