How is end of lease buyout calculated?

How to Calculate a Lease Buyout

  1. Determine the residual value of the vehicle. This information will be found in your lease contract, and is calculated from the beginning of your lease. ...
  2. Determine the actual value of the vehicle. ...
  3. Compare the residual value and the actual value. ...
  4. Account for license and registration fees. ...
  5. Account for sales tax.

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