Job Providing Vehicle; What are the best options?

[jeisensc]

@goblue9726

my new employer is giving me a vehicle to use.So I would prefer to get rid of the leases.

I applaud your thinking but first don’t get ahead of yourself, get a couooe months in this job before you rearrange your financial life only to discover you then need a second car. while you wait, get more buyout quotes on both vehicles

List of places to sell or value your car online

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…

@goblue9726

have a Pacifica (through Ally) and a Jeep GC 4xe Summit Reserve (Chrysler Financial). The van has 6k negative equity and the Jeep has 9k negative equity due to ending the leases potentially after 1.5 years

it would help on both to know lease term, months remaining, total payoff, and what state you’re in (tax)

my guess, you do/will get more utility from the van, and should target the Jeep (if not then flip the example). what is monthly payment and monthly insurance cost on just it? if you owe 9k, how many months of payments/utility are you forgoing to get out early, and to what benefit?

You can take a personal loan from someone like lightstream to pay the negative, but you still have to pay it.

I would NOT transact just to bury all this negative in a mass grave of EV incentives, additional rent charge, and tax.