# End of Leasing?

**URL:** <https://forums.speedlife.net/t/end-of-leasing/52335>\
**Category:** NYSpeed Automotive\
**Created:** [July 29, 2008, 7:00am UTC](https://forums.speedlife.net/t/end-of-leasing/52335 "2008-07-29T07:00:51Z")\
**Posts on this page:** 1\
**Showing post:** 29

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [July 29, 2008, 1:00pm UTC](https://forums.speedlife.net/t/end-of-leasing/52335/29 "2008-07-29T13:00:10Z")

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> [@Iamjeff](#):
>
> 05 Corolla, and Civic residual values are around $9k-$11k, depending on trim and mileage allowances. They are worth generally around $13k, on trade. A new redesigned car, with no money out of pocket and the same payment or even lower gets a big thumbs up from me.

That’s the cool part if you lease it. If that’s the case, you buy it at the end and use the difference as your down payment. If its the other way around, you turn it in and walk away.

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