GurinderM
Senior Member
- Thread starter
- #1
Hey guys,
My moms lease on her 2017 LX is up in a few months and we were looking for some guidance on what the best thing to do would be.
she loves the car,and will be significantly under mileage.On her lease agreement it says *estimated residual value* 9.5k CDN.
clearly the prices of LX’s with the mileage and condition she has on it right now is significantly higher (13k CDN or so)
my question: is the dealer obligated to sell the car at the buyout value listed on the lease holder agreement? Or will they re-evaluate it at lease end?
Thanks
My moms lease on her 2017 LX is up in a few months and we were looking for some guidance on what the best thing to do would be.
she loves the car,and will be significantly under mileage.On her lease agreement it says *estimated residual value* 9.5k CDN.
clearly the prices of LX’s with the mileage and condition she has on it right now is significantly higher (13k CDN or so)
my question: is the dealer obligated to sell the car at the buyout value listed on the lease holder agreement? Or will they re-evaluate it at lease end?
Thanks
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