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I was thinking of doing an "assume a lease" type of deal for the new minivan we need.

I'd say about half of these deals are "open-ended" with no agreed upon price upon the end of the lease, at least they aren't posted.

How reasonable are leasing co.'s when you get to the end? Will they pretty much go for fair market value? Do you have some leverage in that you have the car in hand (and cash) and from their standpoint, why repossess the car back and then have to turn around, market it, and sell it?

I would think they would just rather get fair market value.

Or are the open ended leases as disadvantageous as some of the close ended leases I have seen?