I agree with this post!
I would def. try to sell privately when contract paid up.
Why share profit with a dealer?

I had a similar experience with Carvana in Pittsburgh. They exceeded all other offers by over $3000. Check on the spot. Picked up car two hours later.

I just did a buyout with a 2018 Honda CRV in September.
Call Honda financial for a lease buyout price. Phone number on statement. Have statement available when making the call. It's an easy transaction. Based on the original structure of the lease, your buyout will be less than the resale value. Based on the numbers you can decide what to do.
Any Honda dealership will do this for you but they will charge you $1000+/- as a lease cancellation fee and they will take the car and resale it. You walk away with nothing. You lose they win.
My vehicle was worth $8000 more than the buyout. I resold and kept the additional cash.
The process is slow but easy, mostly wait time.
Do not us Jenkins for this process, slow, rude and arrogant.

I just did this with Honda, easy way to make $8K.
Stay away from Jenkins.

When you get a quote online, a truck just comes to your door with a check, what if it's not as described or has something wrong on it.

I wondered what happens if not as stated or disputed as to condition

Does the pickup driver evaluate the car

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.

It shouldn’t cost anything because now you can sell it for more than the agreeded upon price in the lease.

Your right! Also, if you want to buy the lease vehicle ALWAYS negotiate and determine the purchase price upfront when you have leverage. You are always in a poor position when you negotiate to purchase vehicles after your lease is completed. Especially in today’s market!

In my opinion, leasing a car is a misnomer. You're actually buying the car, but paying more than it's worth. Do the math before leasing.

Why wait?
 

Why wait? If the china chips start hitting the US, new cars will become more available, and prices on newer used cars will drop.

Exactly

I'd negotiate over the phone with dealers and those other services (carmax, vroom, etc). Driving there makes you a captive audience. Calling also lets them know you are shopping it around.

You would make the most money selling it privately, but that comes with hassle.

I agree you should not wait. Strike while the buying frenzy is still on.

Talk to Carmax to do a purchase. They were willing to give me $2K less than I originally paid for my 2018 Toyota in June of this year.

I agree! Carvana is a great service for selling and buying used vehicles. The online process is wonderful.

lease car buy out
 

don't go to Jenkins, rip off artist. Take you car and lease papers to CAR MAX. I just turned my 2019 Hyundai over tothem with 6 month left on the lease and they took the car, paid off my balance and gave me a check for over $7,000, with NO HASSEL. That was almost as much as I paid for the car. Jenkins wanted nothing to do with the leased car