Buying our leased CX-30

[dseag2]

We leased our 2020 CX-30 in March 2020. It is a fully loaded Soul Red model with just over 30k miles on it. It has been a great vehicle. The negotiated residual was a little over $18k, which is much cheaper than we could buy one the open market now due to reduced inventory and inflated used car prices.

We will be buying it. I did the same with my Audi A4. Leased for 3 years, financed, then bought it. I've been very satisfied. We look forward to putting many miles on it for years to come.

 

[Ranman57]

I'm in the same camp. The lease on my 2020 CX-5 GT PP in SR is up in August. I just turned 22K on a long road trip, and I can buy it out for a little under 20K. It's a no brainer. The only way I'll end up with a new one is if I can turn it for say 27k - which is possible, maybe - and use the 7k as a downstroke on another lease at the same payment I have now.

My wife's CX-30 is up in a year or so too and we will probably do the same with it depending on market conditions at that time.