Lease Experts (Please chime in)

[Anonymous]

So we are debating whether to out right buy or lease a new 2024 XC Ultimate Recharge. Numbers as follows:

Purchase Price: $78500

Taxes: $3586

Freight: $1157

Total: $83243



Lease MSRP (10k/3Yrs): $70271

Taxes: $3214

Fees: $1313

Down: $1306

Residual: 53%

Money Factor: .00349

Monthly Payment: $1306

Volvo is offering $7500 incentive for a plug in hybrid (lease only). IF we lease, our plan would be to buy out the lease 4 months in. When I do the math it appears to be $4500 - $5000k savings. My concern is that we have never leased and IF we would run into any issues buying out the lease 4 months in.

Anyone bought out their leases 3-4 months in? If so any issues? Did you pay rent charge for the complete duration of he lease if you bought out early?

Any input or feedback on the our situation would be appreciated. Thanks