Taking on someone else\u0027s burden can sometimes be a win\u002Dwin
It can be a lot cheaper than financing a car or starting a new lease. Commitment-phobes will appreciate the shorter contract.
If the MV is higher than the RV, buying it from the lease will be cheaper than buying the same car from a friend. Need extra cash? You can also sell the car and keep the potential difference. Then check the car for damage, such as noticeable dents and scratches on the exterior, cracks or stars on windows, excessive tire wear and stained or ripped upholstery. If it’s anything but mint, know that you’re probably paying for it when the lease ends. Some mechanical problems might be covered by the manufacturer’s warranty, but the best practice is to ask for cash to cover anything cosmetic.
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