when I bought my 2013 van it started out on 72 month lease, we agree that amount of miles I drove in year was from 60,000 to 70,000 . at the end of lease , it should be worth $22,000. I could buy, it trade, in for a new one.
if it wasn't worth $22,000 I would make up the different or if it sold for more I would get anything over $22,000.
when I bought it Sept of 2016, it was worth, $27,000, (I had a year to go on lease) the reason I took it off of lease was to buy it get at a reduce monthly payment. when I sold it in july of 2017 it was worth about $25,000. but sold it for what I owed on it $20,000is what I owed credit union. so when I was ready to retire I could. so I made out ok.
if it wasn't worth $22,000 I would make up the different or if it sold for more I would get anything over $22,000.
when I bought it Sept of 2016, it was worth, $27,000, (I had a year to go on lease) the reason I took it off of lease was to buy it get at a reduce monthly payment. when I sold it in july of 2017 it was worth about $25,000. but sold it for what I owed on it $20,000is what I owed credit union. so when I was ready to retire I could. so I made out ok.