Originally Posted by Jimmyh
I'm sure any mod would have to be removed. I do not know about the negotiation as I would never lease a vehicle.
If you are buying it out, mods and body damage don't need to be removed/repaired.
It's only an issue if you are turning it in... they'll deduct the cost of repairs from the residual value and you'd need to pay the difference.
Normally, I would also be one to say "never lease a vehicle"... and that still holds true for me because I can't survive on 12,000 miles a year, but if I owned a beater for the commute to work and only used the Taco for weekend/vacation, they hold their value so well that I would actually consider a 48mo lease.
It's not like you're leasing a Chevy where you're left with a $15k residual on a vehicle that you can't sell for $10k and can't finance for $8k...
Though I do think it's pretty dumb to pay for a lease for 36 months and then take out a loan for the residual. You end up paying a lot more than just buying outright brand new once you factor in the interest on the loan, which will be a used-car loan and likely 1-2% higher than for a new car.