Compare your current buyout quote to online appraisal values.

The answer is . You can often use the equity in your lease as a down payment for a new car purchase. The Story of Sarah’s Smart Swap

Some brands (like Tesla or Ford) have restrictions on third-party buyouts. To help you calculate your potential equity, tell me: Your car's make and model ? Your current mileage ? The buyout amount listed on your latest statement?

Sarah avoided the "disposition fee" (the cost of returning a lease) and started her new car loan with a significant down payment she didn't know she had. 💡 Pro-Tips for Your Trade

She had . Sarah visited a dealership and asked them to "buy out" her lease. The dealer agreed, paying off her lease balance and applying that $4,000 difference directly toward the purchase of her new minivan. The Result

AI responses may include mistakes. For financial advice, consult a professional. Learn more

You can sell your lease to any brand's dealer, not just the one you started with.

This works best in the final 6 months of your lease.

To Buy A Car — Can I Trade My Lease

Compare your current buyout quote to online appraisal values.

The answer is . You can often use the equity in your lease as a down payment for a new car purchase. The Story of Sarah’s Smart Swap

Sarah avoided the "disposition fee" (the cost of returning a lease) and started her new car loan with a significant down payment she didn't know she had. 💡 Pro-Tips for Your Trade

AI responses may include mistakes. For financial advice, consult a professional. Learn more

You can sell your lease to any brand's dealer, not just the one you started with. The Story of Sarah’s Smart Swap Some brands

This works best in the final 6 months of your lease.