Is it possible? It only has about 4k miles.
2006-10-23 07:12:01 · 10 answers · asked by Cherry 1 in Cars & Transportation ➔ Buying & Selling
Yes, you can trade it,
but you will be out of equity (what you owe on the car is greater than the trade in value) and you will have to add the difference to the vehicle you trade in on.
If you turn it in (return it to the leasing company) the earlty termination fees are frightfully expensive.
2006-10-23 10:57:07 · answer #1 · answered by msdagney 4 · 0⤊ 0⤋
There are actually several ways. All of which will cost you money. When you go to look at a new car, the dealer can "roll" the remaining payment into the new lease or loan. Find a car with a large rebate, that way you'll get approved for the extra amount.
Also get your total payoff from the financial institution holding the lease. Bring that to a dealer and find out what you'll get on trade. That might be less of a hit after only 6 months.
www.swapalease.com has worked for a lot of people, although you may have to provide some kind of incentive for the buyer.
2006-10-23 15:32:23 · answer #2 · answered by jay 7 · 0⤊ 0⤋
Yes, you can certainly trade-in your Sentra anytime during your lease.
But you'll lose far less money listing it on Swapalease.com or Leasetrader.com. They are websites that help leasees like yourself find buyers who are interested in taking over your lease.
You pay a small listings fee instead of losing thousands if you were to trade it in.
2006-10-23 17:24:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You can, but they will charge you penalties and fees. Read your lease agreement of call the leasing company and ask what the fees are. Sometimes if you want to trade it in for another car and the leasing company also does loans it will allow you to carry the penalties on your new loan.
2006-10-23 14:16:04 · answer #4 · answered by hsueh010 7 · 0⤊ 0⤋
you have to goto nissan and see if they'll let you out of the lease, which is a binding contract. the car is yours for the specified amount of time.
2006-10-23 14:14:53 · answer #5 · answered by Eric F 6 · 0⤊ 0⤋
Yah, its up to them. However, you can sell your lease to someone else (private buyer) and let them take over. The dealership won't care about that, as long as someones paying for it.
2006-10-23 14:17:59 · answer #6 · answered by diamond_joe1979 3 · 0⤊ 0⤋
just like hsueh010 said. You can but there are fees. It's just like a cell phone contract, if you want out, they will charge the hell out of you.
2006-10-23 14:18:55 · answer #7 · answered by disturbed5136 1 · 0⤊ 0⤋
Check your contract then call the dealer. They can better explain your options. Good luck.
2006-10-23 14:15:37 · answer #8 · answered by yvonne t 2 · 0⤊ 0⤋
you better read your lease contract.a leased car is not your car
it is like renting.
2006-10-23 14:17:17 · answer #9 · answered by art z 1 · 0⤊ 0⤋
yes but you will pay big time....
2006-10-23 14:18:38 · answer #10 · answered by Anonymous · 0⤊ 0⤋