I leased a new 2024 Rav4 for 5 years, 2 years ago. It was at a time when I couldn’t afford to buy a paid-off car, and the interest rates offered to me for financing were way too high. Seemed like a good decision at the time, as I badly needed a car for my new job. Fast forward to now — I have saved enough money for an early buyout in the next couple of months. Toyota is quoting me an early buyout value such that I have to pay interest on the remaining payments. It doesn’t make sense to me to do that & I think I should…
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