Talk of The Villages Florida - View Single Post - Leased Vehicle Purchase
Thread: Leased Vehicle Purchase
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Old 03-01-2022, 10:38 AM
wdst1 wdst1 is offline
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Quote:
Originally Posted by Bjeanj View Post
As an alternative:
A friend got a quote from Carvana, bought out the leased car from the dealership, and sold it to Carvana for a profit. Depends on what kind of offer you can get from Carvana.
We had a leased 2019 Honda CR-V that “sold” back to Honda for profit of $8,000 over what we owed on the lease. Now is the time to sell your used cars as long as you can negotiate a fair price for a newer vehicle. Our profit took care of the down payment, dealer fee, taxes, etc. plus lowered our month payments by a $100.