Buy leased planed from manufacturer?

[schlaf]

Is it possible to buy a leased planed, that i lease direct from a manufacturer?

Thanks

Stefan

[Maarten Otto]

I believe it is, but it means the current contract is terminated which might cost you a fortune.

[swiftus27]

you have to pay the Residual plus the remaining payments.

The Residual is the value of the plane after the lease....

I just dont understand how TERMINATING a lease costs you 1/2 of the remaining payments but buying it costs you all plus the plane's value.  Why not terminate then buy if you could?

[DHillMSP]

you have to pay the Residual plus the remaining payments.

The Residual is the value of the plane after the lease....

I just dont understand how TERMINATING a lease costs you 1/2 of the remaining payments but buying it costs you all plus the plane's value.  Why not terminate then buy if you could?

I never quite understood that myself.  If I terminate, then it costs me half the contract but if I buy the aircraft, I pay the full amount plus the residual?  If anything, I would think I would pay the same half as if I were terminating, then the residual....

[JonesyUK]

Don't bother. Buy a new one from the Manufacturer and terminate the lease 

[swiftus27]

Don't bother. Buy a new one from the Manufacturer and terminate the lease 

BINGO!

[schlaf]

Smart=)

Thanks all of you!!