She had . Sarah visited a dealership and asked them to "buy out" her lease. The dealer agreed, paying off her lease balance and applying that $4,000 difference directly toward the purchase of her new minivan. The Result
This works best in the final 6 months of your lease. can i trade my lease to buy a car
Sarah checked her (the amount she owed to own the car) and compared it to the market value . Because she took great care of the car and stayed under her mileage limit, her SUV was worth $25,000, but her buyout was only $21,000. The Leveraged Value She had
Sarah was three years into her lease on a compact SUV. With her family growing, she needed a larger minivan. Instead of just turning the keys back to the dealership, Sarah decided to treat her lease like a trade-in. The Discovery The Result This works best in the final
Compare your current buyout quote to online appraisal values.
You can sell your lease to any brand's dealer, not just the one you started with.
The answer is . You can often use the equity in your lease as a down payment for a new car purchase. The Story of Sarah’s Smart Swap