Okay... So my lease transfer fell through a while back, due to LFS being horrible to work with (lost several documents) and then my buyer bailed.

Here is my scenario, followed by my simple question, in which i probably know the answer to:

I am leasing my '09 IS250, with 1.25% interest rate, and would like to "buy it out" sometime, as I have gone over mileage and done a few minor mod's.

Is it smarter to refinance it to a buy out now, which would put me anywhere from 4-7% interest (guess-timated) and my buyout amount is ~$28k?

Or

Is it smarter to keep it as a leased car for a while, since the interest is 1.25%, and my buyout amount will continually drop with time/payments?


My initial thought is that buying it out now is smarter, since my lease buyout amount isnt necessarily correlated with my monthly payments. Thanks for the input/help/tellingmeI'mstupidforleasing. haha

 

What's your money factor and residual? This was negotiated at the time of lease.