Sell current lease car to buy a new car? Good idea?
So I live in CT and I wanted to know if this could be possible. I was told that if I wanted to I could sell my leased 2016 Ford Fusion energi to a spot like CarMax a couple of months before the lease was done and if they would offer a higher price then the remaining amount owed on my lease I could do that and pay off the lease and then keep the extra money as a down payment towards the purchase of another car?
You don't own the leased vehicle. You can't sell it.
Better idea, sell your neighbors house instead. You don't own it either.
See a pattern?
You can't get rid of the lease without paying the remaining payments. Or 85% of them anyway.
What a car dealer tells you is 98% lies. Breaking a lease will trigger a penalty and I doubt they'll pay that for you.
It is not your automobile to sell, IDOIT. Whoever "told'' you such malarkey didn't have a clue.
Carmax or any other dealer can arrange a "third-party" buyout of the leased vehicle, assuming the lease finance company allows it. If Carmax actually is willing to pay more that the buyout price, they'll write you a check for the difference. It doesn't work out this way very often, but you might get lucky.
- Typical lib thinking? Ford had no idea when it happened, had no idea how she got there, no idea how she left, clueless who was there? And despite that every person she listed as a witness made a statement in a sense said Ford was wrong… The lib brain… Get even at Trump…> yep - Kavanaugh did it.
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