# Lease is about to end, best course of action **URL:** \ **Category:** Ask the Hackrs\ **Tags:** suv, ma\ **Created:** [April 25, 2024, 4:20am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349 "2024-04-25T04:20:39Z")\ **Posts on this page:** 8\ **Page:** 1
**Author:** ![silverlight](https://leasehackr.b-cdn.net/letter_avatar/silverlight/32/5_5575768a8748004e209b776fc1b2916d.png) [@silverlight](https://forum.leasehackr.com/u/silverlight)\ **Post date:** [April 25, 2024, 4:20am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/1 "2024-04-25T04:20:40Z")
We have a 2022 Honda CRV EXL in our household with six payments left for a 36/12K lease. We ended up underutlizing the car, puting on average ~ 400 miles per month. The car has just under 12K now and we suspected it would ever reach 12.5 K by the end of the lease. What would be our best option? Return the car to Honda in half a year would get nothing despite 36K allowed usage, correct? ---
**Author:** ![mborelse](https://leasehackr.b-cdn.net/letter_avatar/mborelse/32/5_5575768a8748004e209b776fc1b2916d.png) [@mborelse](https://forum.leasehackr.com/u/mborelse)\ **Post date:** [April 25, 2024, 4:26am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/2 "2024-04-25T04:26:45Z")
Check Carmax, Carvana, get a buyout quote. If you don’t use up your prepaid miles you’ll lose it all. ---
**Author:** ![paranoidgarliclover](https://leasehackr.b-cdn.net/letter_avatar/paranoidgarliclover/32/5_5575768a8748004e209b776fc1b2916d.png) [@paranoidgarliclover](https://forum.leasehackr.com/u/paranoidgarliclover)\ **Post date:** [April 25, 2024, 5:36am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/3 "2024-04-25T05:36:22Z")
I don’t know if 6 mos is “about to end,” but always better to ask sooner rather than later. Do you need the car? Do you like the car? I would seriously consider it buying it out. > [@mborelse](#): > > get a buyout quote Does Honda allow third party buyout? ---
**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:** [April 25, 2024, 10:09am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/4 "2024-04-25T10:09:48Z")
What are your needs and budget going forward? > [@silverlight](#): > > Return the car to Honda in half a year would get nothing despite 36K allowed usage, correct? Incorrect. You may have equity if you sell it or the opportunity to buy it way under market value > [@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… ---
**Author:** ![j\_e\_f\_f](https://leasehackr.b-cdn.net/letter_avatar/j_e_f_f/32/5_5575768a8748004e209b776fc1b2916d.png) [@j\_e\_f\_f](https://forum.leasehackr.com/u/j_e_f_f)\ **Post date:** [April 25, 2024, 11:50am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/5 "2024-04-25T11:50:30Z")
> [@silverlight](#): > > Return the car to Honda in half a year would get nothing despite 36K allowed usage, correct? But it is correct that if you just turn the car back in to Honda in 6 months that you won’t get anything back in spite of being way under mileage. Get some quotes to see how much equity you may have as everyone has mentioned above. ---
**Author:** ![silverlight](https://leasehackr.b-cdn.net/letter_avatar/silverlight/32/5_5575768a8748004e209b776fc1b2916d.png) [@silverlight](https://forum.leasehackr.com/u/silverlight)\ **Post date:** [April 26, 2024, 2:32am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/6 "2024-04-26T02:32:25Z")
thanks for all the above suggestions. I called to Honda Financial Service. They told me Honda doesn’t allow 3rd party buyout. I guess my option. if I want to unlock any equity, will be trade in with a Honda Dealer? ---
**Author:** ![paranoidgarliclover](https://leasehackr.b-cdn.net/letter_avatar/paranoidgarliclover/32/5_5575768a8748004e209b776fc1b2916d.png) [@paranoidgarliclover](https://forum.leasehackr.com/u/paranoidgarliclover)\ **Post date:** [April 26, 2024, 5:08am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/7 "2024-04-26T05:08:13Z")
You can trade it in at any dealer who has a Honda dealership in their group (so you don’t have to get another Honda). Or you could buy it out and sell it yourself. ---
**Author:** ![system](https://leasehackr-assets.b-cdn.net/original/3X/f/7/f76e5433b417879e07ad6f0cee47e239c8f1cdd4.png) [@system](https://forum.leasehackr.com/u/system)\ **Post date:** [June 25, 2024, 5:09am UTC](https://forum.leasehackr.com/t/lease-is-about-to-end-best-course-of-action/550349/8 "2024-06-25T05:09:26Z")
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