dpas1973 0 Posted September 18, 2014 I have a 2013 ford edge limited silver with 1.5 years left in the lease I put 7 k down to lease it I'm looking for someone to take over my lease or buy the vehicle out. My payments are 355 a month. Quote Share this post Link to post Share on other sites
Respect2A 0 Posted September 18, 2014 Buy it. Sell it. Quote Share this post Link to post Share on other sites
dpas1973 0 Posted September 18, 2014 Not that easy don't want it anymore can't sell it cause it's a lease and I don't own it. I want to just do a lease transfer if I can find someone that wants it lol. Quote Share this post Link to post Share on other sites
Howard 538 Posted September 18, 2014 There are many outfits on the web that will buy leased cars outright from you, don't know what price you might get though. Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted September 18, 2014 Swapalease.com you can list it there and see if you get any bites Sent from my SAMSUNG-SGH-I337 using Tapatalk 4 Quote Share this post Link to post Share on other sites
Bellasdaddy 31 Posted September 18, 2014 Not that easy don't want it anymore can't sell it cause it's a lease and I don't own it. I want to just do a lease transfer if I can find someone that wants it lol.[/quote Respect2a was suggesting that you buy out your own lease and then sell it. I have done this a few times near the end of my leases so that I would not have to pay over-mileage and wear/tear fees. What is the value of the vehicle and how much do you "owe?" Despite it being a lease there is still payoff amount. And, the good news is, you paid the taxes up front so when you pay off the vehicle you will not owe sales tax. Quote Share this post Link to post Share on other sites
MartyZ 696 Posted September 18, 2014 You can sell a leased car, I have done it myself. You don't have to buy it first. One caveat though is that you can't sell it on the street, you would have to go to a dealer or a company that provides the service. Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted September 18, 2014 Not that easy don't want it anymore can't sell it cause it's a lease and I don't own it. I want to just do a lease transfer if I can find someone that wants it lol.[/quote Respect2a was suggesting that you buy out your own lease and then sell it. I have done this a few times near the end of my leases so that I would not have to pay over-mileage and wear/tear fees. What is the value of the vehicle and how much do you "owe?" Despite it being a lease there is still payoff amount. And, the good news is, you paid the taxes up front so when you pay off the vehicle you will not owe sales tax. You only paid taxes on the lease amount. You would owe taxes on the residual value. Sent from my SAMSUNG-SGH-I337 using Tapatalk 4 Quote Share this post Link to post Share on other sites
dpas1973 0 Posted September 19, 2014 I still have 16 months left and the buy out is 30,500 I just listed it on swap lease I just need to get out of it. Quote Share this post Link to post Share on other sites
67gtonut 847 Posted September 19, 2014 ame="Bellasdaddy" post="912073" timestamp="1411057145"] You only paid taxes on the lease amount. You would owe taxes on the residual value. Sent from my SAMSUNG-SGH-I337 using Tapatalk 4 Correct.... Quote Share this post Link to post Share on other sites
mipafox 438 Posted September 19, 2014 If you use those online services you will end up with Craigslist people. Usually they violate you with Crimes of Unnatural Acts and put you in the trunk and cross a bunch of state lines. Quote Share this post Link to post Share on other sites