Question:

Can I sell my car to carmax even if its a lease?

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Can I sell my car to carmax even if its a lease?

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  1. Rudy has the correct answer..car max will low ball you anyway.. The advantage for some one to take over your lease are many..1  you have suffered big depreciction and the should not have to come with any down $ if credit is good.


  2. No, you will never own the car, the car lot you leased the car from still does. You are basically paying to rent the car. That would be the same if you borrowed your friends car and sold it.

  3.   No, because it is not your car you leased it (rented it) you have to pay off the terms of your lease if you want out early.  

  4. Yes, but it's unlikely they will buy it for what you owe. Contrary to other answers, you can buy a leased car at any time during the lease, just as you can at the end of the lease. I do it all the time.If you contact the lessor, they will give you a payoff amount, just like a car loan. You may have to kick in some cash. If it's worth more than you owe, they still may not pay it off. They have to sell it a profit, clean it up, market it, warranty it to some degree. You could trade it in on another vehicle and possibly add the upside down balance to the new car, but that's getting harder to do these days. You may want to just try and have someone assume your lease. It's very popular these days. I put a link below. I have nothing to do with the company.

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