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Lease buyout taxes are one of the costs that come with purchasing a leased vehicle. Learn how they work to properly plan for your buyout and avoid surprises.
Then, compare that figure with your lease buyout price. If the car's market value is less than the residual value, it's probably worth negotiating a better purchase price with the dealership.
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Learn several differences between a lease payoff amount vs. buyout price when leasing a vehicle and explore your alternatives in different leasing scenarios.
At least 60 days before the end of the lease, decide whether you plan to buy out the current lease on your Ford or return the vehicle and get a new truck, SUV, or electric car.
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