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Best Leased Cars To Buy At Lease-End To Profit

Written by CarPro | Aug 25, 2021 8:30:00 PM

It's an interesting time if you're in the market to buy a new or used vehicle. Perhaps even more so if you have a lease ending soon. Do you turn it in? Buy it and keep it? Or how about this: do you buy it and then turn around and sell it.   

The latter is likely a good option for some, according to a new iSeeCars.com study. Its researchers suggest that drivers of some leased vehicles could make a substantial profit if they buy their car at lease-end, then sell it,  thanks to the current used vehicle climate.  Used car prices are high right now due to demand cause by a low inventory of new vehicles, which is due to the microchip shortage that just won't go away.

iSeeCars.com looked at nearly 10 million car sales for its latest analysis of used vehicle pricing to come up with a list of three-year-old vehicles with the largest differences in value over their predicted price. Its researchers say the cars that make the cut have differences between 1.5 to 1.9 times more than the average vehicle.

The top three vehicles with the biggest market value increases over their predicted values are the Volkswagen Tiguan, followed by the Dodge Charger and Chevrolet Camaro.

Leased Cars to Buy Back and Sell for the Highest Profit  - Source: iSeeCars Study

Rank

Vehicle

$ Market Value Increase Over Predicted Value

% Market Value Increase Over Predicted Value

1

Volkswagen Tiguan

$8,677

61.3%

2

Dodge Charger

$11,806

55.9%

3

Chevrolet Camaro

$12,346

52.9%

4

Nissan Altima

$6,228

49.4%

5

Volkswagen Passat

$6,400

49.3%

6

Chrysler 300

$8,084

49.2%

7

Nissan LEAF

$6,167

48.3%

8

Chevrolet Malibu

$6,392

48.2%

9

Hyundai Elantra

$5,319

47.9%

10

Mazda MAZDA6

$7,193

46.8%

11

Kia Forte

$4,913

46.7%

12

Jeep Compass

$7,163

46.4%

13

Jeep Cherokee

$7,418

46.3%

14

Nissan Versa

$3,961

46.1%

15

Ford Expedition

$15,830

45.8%

Overall Average

$7,019

31.5%


Click here to read more about the iSeeCars.com study.