u/hnaqash

Hi everyone, I’d like some advice about my lease situation. I have a 2023 Jeep Grand Cherokee Limited on lease. My lease ends in August 2026 with a residual value of $31,000. Right now the car has about 53,000 miles, while my contract only allows 12,000 miles per year (36,000 total). That means I’m already over by 17k miles, and by the end of the lease I might be around 57,000 miles . My options seem to be: 1. Keep paying until August 2026 and then either return it (and pay mileage penalties) or buy it for $31k. 2. Try a lease transfer, though the high mileage makes it tough. What would you do in my situation? Is buying it at the end the smartest move, or should I try something else?