I did a 24 month lease on a Mazda (Toyota Financial Sevices) as a One Pay lease. Am I able to sell the car to a third party like carmax without taking a massive penalty?
I believe only a crash would give you credit back, so no
Thank you… I like my car. Slightly high on the mileage. Not a dealbreaker lol
No credit back, but presumably no (significant) additional penalties, right?
OP, what does it say in your contract about terminating a lease early?
What’s your payoff when you log in?
I never set up an acct bc… I already paid. LOL. I guess I have some homework to do! Thanks
Payoff says “contract balance” of about $43k
Is that with tax or not? How much is your car worth?
I think that it is about $35k according to KBB. LOL. It is no big deal I am happy with this car! I have 12mo left on the lease. Just gotta watch my miles. I did 13k in 12mo and am allowed 10k per year. So I am on track to be over by 6,000 miles x 15¢ = $900. Not the end of the world