No matter where you’re at in life, obtaining and maintaining a car is a big commitment. Retirement, though, brings its own special considerations – and changes.
In a recent survey conducted through a third-party, Lease End found that only 53% of respondents felt fairly or completely confident in understanding their car lease agreement. 1 in 6 respondents didn't or weren't sure if they actually read through their lease agreement in full.
We're assuming that if you're reading this article, you have a leased car. And, if you do, you might be considering a buyout.
To make a fully informed decision about your end-of-lease options, you’ll need to know just a thing or two about your car’s residual value. We’ll try to keep things bite-sized here – we know you’re busy.
Equity can be a confusing topic, and adding leasing into the mix makes it even more complicated. But it’s worth learning about, because it can work for – or against – you. Below, we’ll go over what exactly equity is and how it’s calculated. We’ll also show you why you should care about the potential lease equity in your car, along with the benefits to unlocking and accessing that equity. Ready? Let’s review 4 essential things to know about equity and car leasing.
We talk a lot about equity – and about how you may have some in your leased car. If you have one of these top cars, you're in luck.
If you’re currently leasing a car, you may have heard that it’s a really good time to be ending that lease. Maybe someone’s told you that it’s a good option to buy out and keep your leased car – or even sell it. We’ve talked about how to do that on our own site. But why is it a good time to do so?