Audi Q5 Equity Harvest

I under the impression I do not have a 3rd party buyout option as my Audi Q5 lease approaches it’s end date. So, I’m wondering if it makes sense for me to buy it and then sell it to Carmax? Do I have to title the vehicle before selling it - which would require sales tax? And is there any other option you might recommend? The buyout is $27k which I believe is close to $10k below market value. Any wisdom? Thanks!

Be sure to specify your location when asking for input on a deal! Tagging by state (e.g. CA, NJ, NY, usa-nationwide) is mandatory.

Please tag if your question involves to a specialized topic (e.g. tax, legal, shipping etc.). You will reach experts faster that way. View all tags at FORUM | LEASEHACKR.

If you asked for a deal check, circle back after you have signed a deal – the community always loves to hear back! Submit your deal to SIGNED! (https://share.leasehackr.com).

5 posts were merged into an existing topic: “Should I buy out my lease?” super-thread