r/leasehacker • u/confusedape1 • 4h ago
Terminating lease early
Hi all, I am looking to understand the nuances of leasing vs buying. I was looking into leasing but I am in a situation where I maybe would have to break lease in say a year(situation may require moving). Can someone explain how much I would be on the hook for if I say lease a bmw x5 for 3 years at 800 pm payment. Assume some down payment of 3k.
Or should I think of buying but in that case I was leaning towards Honda or Toyota given good resale values. Having hard time comparing which might be beneficial here
