Due to a job change my driving has decreased significantly and I'm currently 7.5k under mileage and will most likely be 12k under when my lease is up (15k/yr 39 months lease 2009 G37 Platnium, premium pkg). Do I have any leverage with the under miles? Buyout is 19k

 

Nope. None whatsoever.

 

I think your best bet is to buy it outright and sell it for a higher price. That is since you have low miles, you should be able to sell it for higher than your buyout price. Not sure how much you can make but someone else with more knowledge on this topic can chime in.

 

12K under allotted miles isn't that much. I'm acquiring a car coming off lease that has only 14K miles that was slotted 48K. It helps somewhat with what you can get for it in a sale but not tremendously.

 

15k/yr 39 months lease = ~50K - 12k under = 38k is not low for a 3 years old car. My 2010 coupe has only 8k miles now.

It's a base G w/ premium package....I don't think he's going to make money by buying out the car for 19k + tax and resell it.

 

If the value of the car is higher than the residual (lease end buy out), you can take advantage of the positive equity by having a dealer buy the vehicle from you before lease end and apply the difference between the dealer pay out and the residual to apply (as a down payment, cap cost reduction, multiple security deposits, inception fees, etc) toward a new ride at that dealership.

 

lol my 2010 sedan has 30k.. smh

 

If the value of the car is more than the residual you want to TRADE the car in and not terminate the lease. Even then since most good leases have inflated residuals I'm betting it won't matter.