# Ending a Lexus Lease Early?

**URL:** <https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309>\
**Category:** Buy/Finance\
**Tags:** ca-socal, lexus\
**Created:** [June 3, 2024, 4:07pm UTC](https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309 "2024-06-03T16:07:45Z")\
**Posts on this page:** 6\
**Page:** 1

<div class="post-metadata">

**Author:** ![Falcon73](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/falcon73/32/210377_2.png) [@Falcon73](https://forum.leasehackr.com/u/Falcon73)\
**Post date:** [June 3, 2024, 4:07pm UTC](https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309/1 "2024-06-03T16:07:45Z")

</div>

I’m sure this won’t be a good idea, but I’m considering our options. We have two leased vehicles and a financed vehicle. We only “need” 2 cars and even that is a stretch (most of the time I drive my wife to work and I’m wfh most days).

We leased the Lexus in November '23. Yeah, I know, 7 months ago. I can upload the agreement as well.

It’s a Lexus RZ450e, which probably doesn’t help matters. $841/mo.

The other lease is a Tesla Model 3 and we are very happy with it. The financed car is an Audi e-tron (2019) and we owe $32k on it.

I don’t expect _anything_ will make sense right now, so this is for planning purposes.

Thank you for any input.

Best,

---

<div class="post-metadata">

**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\
**Post date:** [June 3, 2024, 4:38pm UTC](https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309/2 "2024-06-03T16:38:36Z")

</div>

> [@Falcon73](#):
>
> I’m sure this won’t be a good idea, but I’m considering our options

If there isn’t a metric shit ton of negative equity then getting rid of a $841 RZ and its insurance costs could be a great idea.

What’s it worth and what’s the payoff?

---

<div class="post-metadata">

**Author:** ![Falcon73](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/falcon73/32/210377_2.png) [@Falcon73](https://forum.leasehackr.com/u/Falcon73)\
**Post date:** [June 3, 2024, 9:29pm UTC](https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309/3 "2024-06-03T21:29:48Z")

</div>

Thank you. This is the option to purchase that it’s giving me.

2023 Lexus Rz450e  
Lease Ending: xxx62  
Purchase Amount: $45,573.01  
Valid Through: 07/03/2024

Let me see if I can figure out what it might be worth. Looking at used car listings on cargurus probably isn’t what you want.

---

<div class="post-metadata">

**Author:** ![Falcon73](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/falcon73/32/210377_2.png) [@Falcon73](https://forum.leasehackr.com/u/Falcon73)\
**Post date:** [June 3, 2024, 9:31pm UTC](https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309/4 "2024-06-03T21:31:56Z")

</div>

Edmunds “trade-in” value is: $38,223

Is trade-in value what I need to consider in this case?

---

<div class="post-metadata">

**Author:** ![Azure](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/azure/32/159312_2.png) [@Azure](https://forum.leasehackr.com/u/Azure)\
**Post date:** [June 3, 2024, 9:55pm UTC](https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309/5 "2024-06-03T21:55:12Z")

</div>

as an estimate yes or get a quote on carvana/carmax etc for a price floor

edmunds value won’t be an actual offer I dont think

---

<div class="post-metadata">

**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\
**Post date:** [June 3, 2024, 11:14pm UTC](https://forum.leasehackr.com/t/ending-a-lexus-lease-early/563309/6 "2024-06-03T23:14:20Z")

</div>

> [@Falcon73](#):
>
> Is trade-in value what I need to consider in this case?

Get actual bids

> [@List of places to sell or value your car online](https://forum.leasehackr.com/t/topic/396451/1):
>
> For the quickest results: Copy your VIN to your clipboard and just paste it into each site. Quicker than plate lookup. Enter “I own the vehicle” where applicable — you don’t need to get into the details of your lease payoff or loan balance until you’ve eventually chosen one entity to sell to. Use a Google Voice or some other device you can turn off at will. Otherwise your real phone will be bombarded initially. In alphabetical order: Buyer Name Direct Link Review Link AutoCo…
