Quote:
Originally Posted by STi from DSM
I think that is true. Luckily the lease is due up next month for my wife's 18' Durango. Residual value listed as $23k, right now worth about $35k. Used cars are so insane right now.
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My friend was in same situation with his wife’s Durango. They bought out the lease and sold car at a ridiculous profit. Moral of the story is if your residual is reasonable and you plan on taking advantage of the market, buy out your lease. That way it’s your car to sell