Mazda lease end buyout

[dkmessy9]

Can you currently sell your Mazda leases to Carvana, GMTV, etc? Located in Fl.

Thanks!

[forbs]

Is yours a Chase or a Toyota lease. If Toyota, no

[dkmessy9]

Uhh it is through Mazda Financial Services?

[forbs]

Look closer on your contract, MFS is subcontracted out to Toyota or Chase.

[dkmessy9]

So it is Toyota. What are my options then?

[forbs]

Let me modify since I forgot that Toyota is good with the Vendors.
I was refering to buyout without dealer assistance.

Don’t go to Carvana, you might not get paid.
See if Carmax or the Dealer can give you a price.

[Carl_Fischer]

Good question. I called Mazda financial services (which is really managed by Toyota financial services) 4 different times and 4 different customer service people said i could sell mine to CarMax.

When I tried to sell it to CarMax, the financial desk said they couldn’t do it. I really didn’t believe them (CarMax), so I was going to set up a 3 way call with Mazda financial services and CarMax finance desk and me… But then a Mazda dealer texted me a better deal at that moment so I just took that.

So it’s still a mystery to me. PS I’m in South Florida

[jeisensc]

@Carl_Fischer

I called Mazda financial services (which is really managed by Toyota financial services) 4 different times and 4 different customer service people said i could sell mine to CarMax.

Prior to May 2019, MFS was Chase, since then it’s TFS (never SETF).

TFS allows third party buyouts, many Carmax (who do NOT buy SETFS but could buy TFS) won’t buy them.

Get quotes from the other third parties are who can also buy your lease

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…

[Hawkeye81]

Yes you can, just did it a few months ago

[vtrain]

100% you can sell to Carmax if it’s MFS (Toyota Financial Services). We did it 2 months ago with our CX-5. Our Carmax had a list on the front door of what they CAN’T buy. At first they weren’t sure because as others mentioned they can’t buy Mazda Capital Services (Chase) leases.

[jrfly9]

I am going through the exact same thing as OP is. Mazda has stated multiple time that they can do this, CarMax locally and over the phone is telling me that it is not possible. Bit frustrating.

[RoK]

Try ALGo, they were in line with CarMax for my Mazda (and they pick up).

[Hawkeye81]

Same, ALGO did great for me.