Dealer says it’s not worth to go through TFS with MSD’s as Credit Union giving Better rate

[jeisensc]

Chase allows 3rd Party Buyouts, so yes they would cut 2 checks: one to Chase and one to you. By not buying the car out yourself, you won’t owe sales tax on the transaction.

You should request the 3rd party payoff from Chase and just confirm it’s the same as yours:

List of Lenders that Allow for Third-Party Buyouts

As used car prices soar, many lessees are finding that their vehicles are worth considerably more than their current payoff amount. Instead of simply returning the vehicle at lease end, you may be able to sell the vehicle to a third party (such as Carvana, Shift, Vroom, and CarMax) for a profit. However, some lenders are making it difficult for consumers to access this “lease equity” by charging a higher lease buyout price to third-party buyers than to consumers, or altogether prohibiting third…

You can get quotes from most of the car buying services online in a few minutes. search for the threads here about each of them if you have specific questions.

As for down payment, as long as you have Tier 1 credit you can structure the lease however you want (just 1st DAS, 1st + taxes and fees, or sign-and-drive).