I am currently leasing a vehicle, which I love. I am over the mileage due to transition in work location putting many more miles on the car than anticipated. My lease is up in July 2020. Since interest rates are low - would it make sense to buy the vehcle now -
Lease payments would be $4188 to end of lease. Purchase option at end of lease is $[removed sensitive data].70 (does not include taxes, tags, etc.)- It is also out of warrantee due to mileage. They would calculate at .25 per mile. Mileage was based on 10,000 miles a year and I have driven 68k in just shy of 3 years.
I stupidly thought my lease was based on 20k (as I have done in the past)
-- as 10k would have seemed unreasonable in any event. I didn't read the fine print when signing.
Any guidance would be appreciated. I leased the car from Audi Nation in South Orlando, but would like to use Lakeland Audi or a Tampa dealership to continue my relationship with Audi.