Buying out your lease is often a terrible financial move. I've seen customers with a 5-year-old car they ""bought"" after leasing, only to discover they still owe $20,000 on a car worth $18,000. The lease buyout trap leaves you with negative equity. Only buy the lease if you always planned to keep it 8+ years.
#buy_advice
#lease buyout
#negative equity
#car buying process
#financial mistakes
#budgeting
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