I just got this question about what happens when you return a leased car for a new leased car using the same leasing company:
I was hoping to get some useful advice regarding a lease return.
I’m currently in the 3rd year of my 3 year lease through Chrysler Capital. I have 6 payments remaining (about $2000). I’m located in Southern Ca.
I’m looking to upgrade into a 2018 of the same make and model. The lease quote I received is:
SALE PRICE: 38,450
LEASE REBATES: -3,250
ADJUSTED SALE PRICE: 35,200
36 MONTHS; 12K MILES PER YEAR; TOTAL OUT OF POCKET: 1,000
MONTHLY PAYMENT: 450.13 PLUS TAX = 492.89/MONTH
I haven’t yet informed the dealer about my lease return. What’s the best way to ask the dealer for a buyout without being taken advantage of?
What about my current tags, they don’t expire until June 2018, why can’t I keep my tags and save on registration fees?
Any help you can provide would be appreciated.
Continue reading “Question: How should I handle my lease return and get a new lease?”
Hi Markus, What should I do if im leasing a car now and need to turn it in? Will your system work this situation? Thank you in advance!
The short answer is yes.
I am helping one of my clients do the EXACT same thing – right now.
Let me share the details with you:
Continue reading “How to make a tidy profit turning in a leased car”
When I look to lease a new vehicle, I try to choose one that can be flipped for a tidy profit.
When my lease is about to end, I do not turn it in. This is a mistake most people make when their car lease ends.
Instead, I sell it to the highest bidder for a fast and easy profit.
WARNING: If you are looking to end your lease soon and get into a new lease, read my popular posts here first. It is CRUCIAL to have your newly leased car sitting in your driveway before you turn in (or trade) your car in.
Continue reading “How to turn end-of-lease cars into extra cash”