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Should I buy my leased car at the end of the lease?

It makes financial sense to buy your leased car if the residual value (buyout price) is lower than the car's current market value. If you can buy it for $20,000 and it is worth $24,000, you gain $4,000 in instant equity. It does not make sense if the residual is higher than what the car is worth, because you would be overpaying compared to buying the same car on the open market.

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600+ Testimonials

What Our Customers Say

People come for the number. They stay for how easy we make it.

Read About Their Experience
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Fantastic services! I highly recommend them. They make purchasing and leasing cars so easy! This is my third transaction and will continue to use this service.

Fantastic services! I highly recommend them. They make purchasing and leasing cars so easy! This is my third transaction and will continue to use this service.

sharon Gallagher

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This was the easiest lease that I have done so far. Best part is no back and forth, hours at the dealer and car was delivered to me :)Thank you Sean for all your help!

This was the easiest lease that I have done so far. Best part is no back and forth, hours at the dealer and car was delivered to me :)Thank you Sean for all your help!

Gina Rodrigues

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Sean was amazing to work with! Getting a new car was so quick and easy. I never thought it would be so painless. I am thrilled with my new car and it's all thanks to Sean!

Sean was amazing to work with! Getting a new car was so quick and easy. I never thought it would be so painless. I am thrilled with my new car and it's all thanks to Sean!

Sara Lombardo

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Denis Lipari

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Incredibly easy to buy a car. We found the one we want. All arrangements made on the phone. The car was seamlessly delivered to our house. Very smooth process!!

Incredibly easy to buy a car. We found the one we want. All arrangements made on the phone. The car was seamlessly delivered to our house. Very smooth process!!

Todd Krell

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Super streamlined way to purchase a car.Very professional and easy to work with.

Super streamlined way to purchase a car.Very professional and easy to work with.

Jason Levy

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Working with Vantage was an awesome experience. They walked me through every step and made me feel like their top priority! They even returned my EZpass device that I had mistakenly left in my trade-in. I didn’t even know this industry existed prior to working with them, but I will never walk into a dealership to buy a car again, thanks to the amazing service Vantage provided. Highly recommend!

Working with Vantage was an awesome experience. They walked me through every step and made me feel like their top priority! They even returned my EZpass device that I had mistakenly left in my trade-in. I didn’t even know this industry existed prior to working with them, but I will never walk into a dealership to buy a car again, thanks to the amazing service Vantage provided. Highly recommend!

PJ Jones

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Had a great experience, our rather urgent needs were addressed promptly and professionally. Thank you, Elka Green, for your recommendations! We’ll come back, happy customers.

Had a great experience, our rather urgent needs were addressed promptly and professionally. Thank you, Elka Green, for your recommendations! We’ll come back, happy customers.

Victor O

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After 30 years of car buying this has been the best experience I’ve had. Sean has been helpful, resourceful and easy to work with. I’ll never go back to the archaic dealership process again.

After 30 years of car buying this has been the best experience I’ve had. Sean has been helpful, resourceful and easy to work with. I’ll never go back to the archaic dealership process again.

Jeremy Scheinker

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