Need to get rid of Kia lease

[jeisensc]

@g37_it

What would the smart decision be? To buy out the lease and then sell the car to Carvana/carmax etc.? When I called Kia financial they told me the buyout amount includes taxes but I’m not sure how that works if I finance the car then sell it.

In CA if you buy the car and sell within 10 days of receiving the title you can get the sales tax refunded

Third Party Lease Buyout

I recently went through a third-party lease buyout in California. I often see the question on how this is done so I wrote a quick document of my experience: I think the main one I hear is how to avoid paying sales tax twice when selling to a private party. This can be avoided (in CA) by (a) selling you lease within 10 days of acquiring the title from the lessor (b) applying and being approved for a CDTFA-111 from the CDTFA. Note, if you sell to a dealer, the leasing company transfer the ti…

Figure out first who will give you the most for your car

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…

Others have reported success using Lightstream for an unsecured loan to buy/sell their lease

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