What factors determine the purchase price at the end of a lease?
Most leases rely exclusively on the residual value in determining the
end of term purchase price. These closed-end deals require you to pay
the fixed residual amount regardless of the actual market price.
Open-end leases work differently in that the actual market value helps
determine the purchase price. As a customer you are responsible for any
difference between the residual and actual value when buying outright.
