Comment Re: Have the cake and eat it (Score 1) 257
You are confused. If the residual value of the lease is lower than actual market value for the same car, you want to buy it and then flip it in the market to pocket the difference. Buy low, sell high. Folks with more experience with leases wonâ(TM)t ever buy the lease out; weâ(TM)ll sell it to another vendor with the blessing of the leasing company and pocket the profit. I sold out my last 2 leases this way without ever taking direct ownership of the cars. The dealerships buying the leases cars cut two payments: one to the leaseholder for the residual value, and one to me for the profit.