2006-09-27 13:27:40 · 4 answers · asked by kmac41586 2 in Cars & Transportation ➔ Buying & Selling
Yes, you can. It's just like cash (assuming it's worth more than you owe if you financed that car). When you lease a car, you should negotiate the price of that car just as if you were going to buy it. That will be the price that the leasing company will pay. The lower that price, the lower your payments will be.
Now, you can further lower the "capitalized cost" by either: (1) paying some money up front, or (2) using your trade. Actually, if you have a very valuable trade, and the leasing company allows it (sometimes they impose limits on how much you can reduce the capitalized cost), you could trade in your car as one big up front payment for a 3 year lease...and have $0 monthly payments.
2006-09-27 13:38:20 · answer #1 · answered by Mike F 1 · 0⤊ 0⤋
Yes, you can trade in a car to purchase or lease a new one.
2006-09-27 20:51:15 · answer #2 · answered by msdagney 4 · 0⤊ 0⤋
yes but you might be better off just selling it in the paper,I would book it out first a www.kbb.com you can check trade in price and private sale to see what is better.
2006-09-27 20:38:34 · answer #3 · answered by grande alacrán 5 · 0⤊ 0⤋
Well I dont see why not. . . . Your trade in is still money as long as its new enuough for them to take it back.
2006-09-27 20:32:49 · answer #4 · answered by xelit0 3 · 0⤊ 0⤋