Question:

Is it possible to trade in a leased car before the lease is up?

by  |  earlier

0 LIKES UnLike

i got a lease on a car and was wondering if i can trade it in or get a different car before the end of the lease.

 Tags:

   Report

2 ANSWERS


  1. You must be informed when going to trade in your car to a dealership.  If you are not certain of the value then you can lose a lot of potential money.



    Dont be suprised if a dealer makes a terrible offer. It's simple to get a quote at a website to check how much your ride is going to fetch.  I have recommended http://tradein.123thebest.info - Good luck.


  2. Yes.  But, it's not a great idea.  The dealer will have to work in the remaining lease payments, plus the residual, that's the amount they'll have to pay.  You will still only get wholesale value for the car, so it's a good bet that you'll be way upside down.  

    This is the great thing about a lease.  you don't have too long to wait to be even again, just in case you want out of the car.  Just wait it out, that's your best bet/.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.