Maxxia lease - guaranteed buy back optional insurance?
Hi everyone, about to enter a lease for a geely EX5 inspire - probably either 3 or 4 years.
Is it worth paying the extra for the guaranteed buy back optional insurance? I.e if the market value of the car by the end of the lease is less than the residual value (balloon payment) there won’t be any out of pocket.
I guess there’s uncertainty about market values of these types of cars in 3/4 years time but on the other hand it’s an EV so possibly safer than for eg buying a brand new ford Everest diesel in terms of depreciation?
Thoughts?