I want to purchase a vehicle that is two to three years old if I can get out of my lease.
2007-02-19 09:21:00 · 2 answers · asked by Mark B 1 in Cars & Transportation ➔ Buying & Selling
Try www.leasetrader.com. You can list your vehicle and see if anyone is interested in taking over the lease. You have to pay a fee if the lease transfer goes through. With GMAC, those crazy people charge $600 to transfer a lease. That stopped me more than once.
2007-02-19 09:26:14 · answer #1 · answered by regerugged 7 · 0⤊ 0⤋
Call your leasing company and find out what the payoff is (what you can buy the car for, now) and what the charges would be if you turned it it now. Check your car's value at nada.com or kbb.com, and decide which is a better deal. If you turn it in and pay a little extra, then just go get yourself a different car. If you buy the car, either sell it your self or trade it in on the other car.
2007-02-19 09:26:32 · answer #2 · answered by J.R. 6 · 0⤊ 0⤋