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Buy after Lease End - 2016 LR4

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  #1  
Old 01-02-2019, 07:18 PM
Bumped's Avatar
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Default Buy after Lease End - 2016 LR4

Hi

I currently lease a 2016 LR4 HSE. I love the SUV. It is a 39 month lease that comes due July 2019. I currently have 24,000 miles on it, I put about 8K miles a year.

Torn weather I should buy it at the end of the lease.

Reasons to buy it:
I really like the car, and don't really like anything else that is new.
It is the last model year of the LR4.
It has low mileage, huge capacity and 3 rows.

Reasons not to buy it:
The buyout after tax is about $39K - so almost $40,000 for a 3-4 year old car.
If I finance short term, the payment is fairly high, and if I finance long term, I'll still be paying for a 6,7,8 year old car.
Extended warranty? CPO?

Please advise!!!!


 
  #2  
Old 01-03-2019, 05:32 AM
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I'd say buy it for the all the reasons you state in your "Reasons to" and particularly since you know the car's full history from day one.
 
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