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Is it possible to negotiate residential value at lease end?

kxeddiekxeddie Pittsburgh PAMember Posts: 10
edited February 2019 in Toyota
I have a 2016 Rav4 that the lease is up this month. Is it possible to negotiate residential value to buy out the lease?
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  • kyfdxkyfdx Moderator Posts: 187,393
    kxeddie said:

    I have a 2016 Rav4 that the lease is up this month. Is it possible to negotiate residential value to buy out the lease?

    Most large captive banks (like TFS) won't negotiate residuals. If it's worth less, they'd rather sell it to one of their dealers, than give you a deal.

    Edmunds Lease Calculator
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  • isellhondasisellhondas Issaquah WashingtonMember Posts: 20,350
    If they started doing this it would create e nightmare for them so NO, they won't do this!

    Talk about a can of worms!
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