I recently received an offer in the mail from the dealership I lease my 2018 CX-5 Grand Touring.
Per the mail they are offering 110% of KBB value for the trade in of the 2018 CX-5. Plus $2000 towards a new vehicle. And a 2 yr/25k mile complimentary Mazda Maintenance Plan. They are touting a $0 drive off for the new vehicle. But of course in reading fine prints, $0 drive off with applicable trade in and downpayment lol.
My lease ends 11/2021 & I have about 7k left on my lease payment.
Am not really in the market for a car at this time but if I can get a good deal then I figure why not go for it…
I haven’t reached out to the dealer regarding their updgrade offer yet. I did ask for a separate quote for a 2020 CX-5 GT for 36/12K as a starting point for negotiations.
Any body have opinions on this? Good or bad? Any experience with trading in a car that still has lease payments left?
I’d appreciate any input at this time. Also what pitfalls should I look out for or avoid?