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Lexus Forum: My lease is coming due on my Lexus '07 GX 470 should I buy it?
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Old 11-12-2009, 07:01 PM
ctarledge ctarledge is offline
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Default My lease is coming due on my Lexus '07 GX 470 should I buy it?

It looks like this model is going for $35K to $40K at dealerships. My car only has 14,000 miles on it. My residual is $28K. Should I buy it or lease a new Lexus. The dealership said they would give me credit for the equity I have in it - but what would consider my equity? So should I buy it? Thanks
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