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Buy lease out or not

  

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Hello Scotty,

 

I have a 2019 CRV that will have 27k on it when my lease is up in June.We have 2 kids and 2 dogs and would like a full size SUV for the next 15-20 years. The pay off is 17700 which means we have about 7k of equity in the vehicle if we trade. We also have a 21 paid off RAV4 so this new vehicle wouldn’t be driven that much except for family events, vacations etc. My questions:

Do I do another lease?

Do I buy an older used Sequioa/Pilot?

Do I buy new ?

Thank you

James

1 Answer
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I would do another lease of a car. This way- whatever car you bought and if it had an issue, you will be under warranty no matter what. Just don't pay too much for the car you're after.

 

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