Talk of The Villages Florida - View Single Post - Selling Leased Car Back to the Dealer
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Old 11-07-2021, 07:38 AM
Jolson Jolson is offline
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Originally Posted by jrref View Post
I have a leased 2019 Honda CRV with very low milage. The lease is finished this coming April and we want to terminate it early since we want to downsize to one car. With all the new and used car shortages what's the best way to approach the dealer? Does it make sense to get someone privately to buy out the lease and purchase the car? With all the negative talk about Jenkins lately are there any other Honda dealerships close to the Villages to work with?
Honda does not allow for them to payoff a third party so going thru CarMax or the like you would have to pay off the car first, get the title and then sell it to carmax. We turned our leased Honda in at the dealer in Ocala. There was still 18 month left on the lease. The man to talk to is Larry Lopez. They go by the blue book value. My husband went to the Honda website and did the how much is my car worth form. Within minutes he had an offer for $4000 above the payoff. We took the car in, they checked it to make sure it was as stated and we handed them the car and keys. It couldn’t have been easier. Good luck.