I’m currently in a 2015 Toyota Camry LE with a maturity date of 9/1/2018 (7 payments of $255 left, well under mileage). I’m interested in using a “pull-ahead” or “loyalty” program to get me out of this lease and into a 2017/2018 Rav4 XLE.
Are there any brokers that would be able to help me? I’m looking for 24/36 month leases with 15,000 miles (12,000 may be OK for the right deal). Would love to know if anyone has anything - the registration will be in New York, NY.
There aren’t any such programs for that unless your payoff is less than the car is worth (check kbb). You aren’t over mileage, so why do you want to switch now. Can you wait 7 months?
Unfortunately, I am not able to wait 7 months and need to move pretty quickly. The “want” in the title should probably have read “borderline-need”
I have seen some pull-ahead programs online (just some googling) for Toyota and other manufacturers. I’d also be willing to roll the remaining lease payments into the new lease if the deal is good enough.
Unless the pull-ahead is coming directly from the captive, it’s not a true “pull-ahead” as you are thinking. Most likely, the dealer is moving you into a new car by rolling your existing payments into the new lease, and calling it a pull-ahead. Be aware of this when shopping, and question how your existing payments are being handled on your existing lease.
You are probably looking at in a zero drive off deal a payment of 370 with 15k miles or 334 with 1400 at signing. Nothing is going to look good rolling in negative equity. Minus 19 per month for 12k.