Former Car Salesman or if you ever leased…….Got a question?

[EastAfrixan]

I leased a 2020 Subaru WRX like three years ago. My lease is coming to an end this December.

The car has appreciated in price with the current inflation and its the last WRX model made by Subaru (The new one is made by Toyota and Subaru fans hate the look).

New one;

Three years ago it was $31,000 (new)


Right now they are easily going over $33,000 (used) depending on the mileage and overall condition.

My question is……if I decide to buy it, will they charge me with the current price (Adjusted with inflation) or the sticker price when I signed up for lease?

How will it work?

 

[BaldingSoHard]

You will pay the agreed upon price at the lease inception.
So during the lease, you paid for a certain amount of depreciation based on proposed mileage. You're probably slightly over or under that number. So if you're over the mileage, you will pay them a little extra for the mileage you used, plus whatever the buyout amount is (check your lease docs).
if you are under the mileage, they will pay you a little extra for the mileage you didn't use, and then you can buy it for whatever the buyout amount is.