We are aware of the login problems affecting the forums, and appreciate your patience as we work on a fix.
Did you recently purchase a new Tesla, Rivian or Lucid vehicle directly from the manufacturer and willing to share how your experience compared to previous vehicle purchases made through a traditional dealer? A reporter would like to speak with you; please reach out to PR@Edmunds.com by 2/19 for details.

Lease buy out question

gdubb6942gdubb6942 Member Posts: 1
edited October 2016 in Volkswagen
Hello,

I have a 2014 1.8t SE that is set to go back in June of next year but I really really like the car. I like to do my research ahead of time and I see my residual value will be around $13900, is there any negotiation from VW to get this lower for a buyout? I ask becuase I see trade in value now is around 12k so I will be on the wrong side to buy out but the great side to walk away.

Thanks!

Comments

  • MichaellMichaell Moderator Posts: 255,775
    No way to negotiate the buy out value. It was possible years ago but the lease banks now have insurance to protect them if the value of the car is less than the residual value.

    Given VW's issues, you may be able to lease a new VW next June for a price similar to what you're paying now.

    I just leased a Jetta in August and am paying $8/mo more than I was on my 2013 Hyundai lease.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

Sign In or Register to comment.