i have a 2014 PIP coming off lease in the spring. We really like the car, and we're thinking about buying at the end of the lease, but with the new Volt coming out soon (and the new PIP next year) we do have some choices. A lower price on the residual might tip the balance for us. Anyone had any experience negotiating the buy-out price on a PIP? If it matters, I'll have under 24,000 miles and the residual is $19,0000- something.
From the conversation I had with the dealer, the dealer does not own the car. The lessor sends the car to auction or the dealer buys them from lessor or auction and Resales them. The prices of prius' are falling. It will likey be sold at auction. I am starting to see prius plug in advance models in the $19k range. Just wait until the new prius comes out and the annual end of year clearance and then reevaluate if you want to buy that car. Just my opinion of course iPhone ?
I wasn't aware you can negotiate a buy out price after a lease. You can probably sell to Carmax for more than what you owe, but I don't think they'll allow you to pay less than what you owe.
Well there is the example of the Nissan guys, gave the leaf owners $4k or something like that to keep their cars after the lease ended. But I don't think Toyota is in that position with the prius
