ilmscore | Car Lease Buyout Predictions
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With low mileage on two leased cars (one with 14,000 miles and the other with 11,500 miles), the buyout value for one car is $13,500, while its market value is estimated at $17,000-$17,500. The plan is to buy out the car and immediately sell it to potentially make $2,000-$3,000 profit. This would eliminate one car payment, reducing the combined car insurance costs and the remaining lease payment of $319/month for the other car over 18 months.
"My car that's about to be up in 2 months. I have just over 14,000 miles on it. So I'm under half of ..."
May 12, 2025
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