I have a question , my father is 80 years old and he had a 4 year lease on a kia ,originally worth around 32.000 Canadian. The buy back at the end is 9.000 he has 11 months left on the lease. the car is like new only 14.000 klm but my mother is in a wheel chair now so he wanted to buy right out a new kia suv but the deal is they want him to pay 4.000 for return of the lease car. Basically paying the remaining 11 months, But the dealer has ignored him up to now and no return to his 4 emails on basic request enquires.. He is in the 7th week of waiting but there was no contract and no mentioned or guarantee when the car will be delivered. I told my father that when the car ever comes in he might be able to use the leased car as a bargaining tool for the bad service and the fact the car is coming back in Brand new condition. The only thing I would ask for is they take back the lease car to save the sale. The SUV my father will purchase is worth around 32.000 dollars. The question is ok it is a lease car and I don’t know to much about leases but is it treated like rental so it dose not matter in anyways even if you only have 5 thousand klm.
Where is you owned a car and returned it with supper low mileage. I heard this happening about 15 years ago when gm put up a 1977 firebird that was in storage and had low mileage and they sold it like new ,with the full package warrantee.

Thanks if anybody can help me out on this

The lease is with the bank not the dealer. There is probably no bargaining power in this scenario.

Unless you can get sonmeone to pay your current payoff or have someone assume the lease through a website like www.Swapalease.com or www.LeaseTrade.com then he will need to keep i tuntil the end.

Like Tarry said, the lease is with the bank and not with the dealer.

Have him get a current buyout price from the lease bank. It will be something less than the residual (purchase price and end of lease, $9k I think you said) plus the remaining payments. Then go to online used price guides like KBB, NADA, Edmunds, etc and get the trade in value of the vehicle in its current state and miles.

If the trade in value is a good bit higher than the buy out price from the bank, then he can simply sell the vehicle to any licensed dealer that will take it and pay him at least the buy out amount. Ditto trading it in on something different.

If the value is less than buyout, then he would either have to pay to get rid of the vehicle or just stay in the lease until the end.

Kia and Hyundai have pretty bad resale value (but the cars and pretty good these days)
so would guess the worth would normally be less than the buy out, but with low miles and good shape, who knows - just check the numbers and see.