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Old 11-06-2021, 02:26 PM
Indy-Guy Indy-Guy is offline
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Having retired after 32 years in automotive sales below is how I would handle what you have described.

1. Take your car plus the original lease documents and the most recent monthly statement with your account number on it with you to Carmax Ocala (since they are the closest Carmax)

2. Tell them you are wanting to sell them the car and you would like to know what they would be paying you for the car plus how much you would be receiving in a check from them and how this transaction would be structured since the car is leased.

With todays value of pre-owned cars and the fact that the residual value which was set in 2019 the Honda CRV is now worth quite a bit more than what it will cost to terminate and pay off the lease. The only question is how much they will cut you a check for and how the transaction is structured. Carmax will have handled many-many transactions of this nature and this will be simple and straight forward for them and it will be simple for you.

The most important part of the transaction is the amount of the check you will receive.
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