Can You Negotiate a Lease Buyout?

What happens if you reach the end of a 5-year lease plan, but you love your leased vehicle so much you want to keep it? More than a few San Antonio drivers have contacted us with this very question! So can you negotiate a lease buyout? Fortunately, leasing offers a lot more flexibility than many drivers think. In most cases, you can negotiate a lease buyout with the dealership where you leased your vehicle. Most lease agreements already include an estimated buyout price, but it’s often possible to negotiate an even better deal.

Read our guide below to learn how to negotiate a car lease buyout and get an excellent price on your Aston Martin vehicle. Looking for more car buying advice? Contact our team of auto finance experts as you navigate interest rates, loan refinancing, and more.

End of Lease Negotiation Tips

Good negotiation tactics will go a long way toward getting you the great price you’re looking for. Try out these tips for how to negotiate a car lease buyout and get the best possible price:

• Research your vehicle’s current value. Most lease contracts include an estimated buyout price, but your vehicle’s value may have depreciated faster than expected. Be sure to do your own research to see if that’s the case. If it is, you’ll have more leverage in your end of lease negotiation.
• Speak with your vehicle financier. If you purchased your DB11 or DBS Superleggera from a Sugarland-area dealership, you can conduct your end of lease negotiation directly with them. If you worked with a lender, contact them to find out if your contract includes early lease termination fees.
• Make an offer and ask for a lower price. After you’ve gathered your research and reviewed your original contract, it’s time to make an offer. If you can prove that the original estimate is too high, most dealerships are happy to agree to a lower price.

Will You Benefit from End of Lease Negotiation?

Now that you’re familiar with how to negotiate a lease buyout, you need to decide between buying out early, or waiting till the end of your lease term. It’s more common for The Woodlands drivers to purchase after a lease terminates, but sometimes your best bet is buying out before your lease is up. Keep these points in mind as you choose your buyout option:

• End of Lease Buyout — The price is typically based on the residual value of your vehicle after the lease terminates. Can you negotiate a lease buyout for a better price? Yes and no: If your car hasn’t accrued significant damage during your lease term, it’s usually easy to negotiate a good interest rate to finance your buyout.
• Early Lease Buyout — Buying out before your lease expires is a good choice if damage has caused significant depreciation, but you still owe enough on the lease that interest would cause you to pay much more than your vehicle’s value.

Compare Your Lease and Finance Options with Aston Martin Houston 

Whether you choose to buy or lease your next vehicle, we’ll work with you to find the best possible price. Our team of auto finance experts is here to answer your questions about how to negotiate a car lease buyout — and make sure you drive home to Sugarland in an Aston Martin model you love! Browse our pre-owned and new vehicle inventory online, then apply for financing to get started today.