Hello All,
I am needing an insight about my situation. After learning and spending time about buying/leasing a vehicle, I’m happy to say that I’ve learned so much and have come to realization that I think I made mistake of walking into a delearship without “knowing” important details when I signed for my current lease.
Anyways, I prefer to return my current car to the delearship and get a CX5 Carbon Edition instead.
My doc attached is what I signed for, let me know what you think.
Should I keep the car and finish the term or return and sign up for a new one? I have no interest for the car anymore because I realized that I am paying too much for this trim. Current buy out price is $22,268 which is $1-2.5k above market so I am aware of the negative equity.
Current buyout price good until 3/20/2023 is $22,268
I checked with Carvana if I were to sell to them, here’s the offer:
Breaking down your offer details
Offer amount $21,425
Lease payoff amount -$2,268
Applied to your down payment $19,157
If I were to sell to Carvana, I know I’d have to pay the difference, do I need to worry about TFS for any fine whatsoever?
Thanks so much!
