ecn113

iTrader: (1)

MY lease ends in July 2011. I am thinking about buying out my 2008 G37s. I was wondering if anyone has tried to negotiate the residual value? I will be about 6k miles under when lease is up so the car is really worth more than the residual estimates.

I am still up in the air about buying out but am considering. I can finance with just about an identical payment and keep it until I'm done having fun with it.


Thanks in advance.

carz

I believe you can renegotiate it. doesnt hurt to try

volnedan

I'm almost 100% positive you cannot negotiate the residual value. That is on the lease contract you signed, stating if purchased at lease maturation, you agree to that price plus any fees (usually $150 to purchase, $350 lease termination).

If you are that low under miles, purchase for the residual and sell if for a profit. Or do an early turn in, get lease loyalty and get a new 2011 for near the same payment. You have plenty of options.

Good luck.

Beer Magazine

You can but it's not common. They adjust the residual to try and get the dealer to keep the car and not lose money.