Buy or sell 2018 Lexus RX350L lease


Hi! There are no autos to be had here in Charlotte area (NC/SC line); and if you do find one, plan to pay well above MSRP. So, do I extend my lease, buy out the suv or sell? Important: only 15,500 miles!

  1. lease payment is $498.
  2. purchase option is $28,797 + official fees & taxes + doc fees (because we have to go to a dealership) + “amt needed to meet any LEGAL selling requirement.” Disposition fee is waived.
  3. Carmax & Carvana have offered in range of $42k (I know, crazy, right?) Lexus Financial allows them to purchase vehicle.

Seems like no brainer to take the cash & run, but then what?

2 posts were merged into an existing topic: Positive equity and replacement options in the current market