2007-11-12 05:30:48 · 5 answers · asked by sprtsgrl1918 1 in Cars & Transportation ➔ Buying & Selling
Yes you can. The dealer will appraise your car and call the bank your lease is currently through to get your 'lease buyout.'
This is the amount of money you would have to pay to purchase the car right now.
If you haven't had the lease for very long, this number may be significantly higher than the trade value, but going into another lease is a good way for you to wash the negative equity of your current lease.
Be prepared to put some money down or have your payment go up, because that's what is going to happen. Try to get something that you will keep to the full term because you will get killed over and over again money-wise if you keep trading in leases early.
2007-11-12 05:36:58 · answer #1 · answered by baddogz28 2 · 0⤊ 0⤋
Ofcourse there is a little thing called: "trade in value". See leasing is like testing that car for a period of time
when your leasing terms are over you can either A) buy that car or B) switch that car for any other car
But the vaule ofcourse is going to drop :) but thats common sense!
2007-11-12 13:38:28 · answer #2 · answered by Will 1 · 0⤊ 0⤋
Yes you can but you will have to settle the old lease off first .
2007-11-12 13:39:01 · answer #3 · answered by keith p 6 · 0⤊ 0⤋
I'm sure you can..... for a price. Look at the specifics of your lease to see what it says though..
2007-11-12 13:37:40 · answer #4 · answered by Bob Thompson 7 · 0⤊ 0⤋
If you've got money, you can have anything they've got. Talk to the dealer about what you want to do.
2007-11-12 14:19:33 · answer #5 · answered by Firebird 7 · 0⤊ 0⤋