Quote:
Originally Posted by Hondaracer
Sorry to tag into this thread but I’m also interested in buying out a lease return from a friend who will likely be returning the lease on a 2019 F150 Lariat in 2 years
Just wondering if this type of thing is worth it in terms of the value as even if I am paying a little more I know the trucks history etc? Will the dealer offer to pay more in order to try and retain the vehicle?
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The buyout of the vehicle is already written in the contract your friend signed off at the beginning. There is no negotiating the price after that. In addition, it may not be worth while at the end to you because your friend will have to buyout(tax on top) and once he transfers it to you, you will be taxed as well. You cannot simply buyout the car in your name from the dealership when it's under your friend.