Returning Leased Honda CR-V early for a newer CR-V?

Ask the Hackrs
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I’m not sure this makes sense, so wanted to get some thoughts on it. I have a 2018 Honda CR-V EX-L leased for $365 a month. The lease runs until May 2021.

I’ve been reading through the forum and seeing the deals on 2019 models and the MF is much cheaper these days, so I could probably get a 2019 for ~$330 a month.

Would it make sense to turn in the 2018 model early and lease a 2019 model? If so, what fees do you think the dealer would try to charge?

The payoff for the lease is ~25k and Edmunds lists its trade-in value at around ~25k.

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Get a quote from carvana, shift, and vroom and see where you’re actually at on the current value vs the pay off.

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I had a 2018 CR-V EX-L on lease (paying $415/mo with tax) which was was ending Nov 2020. I went to carmax and they made an offer which was $2K more than the payoff, so just sold it to them and got a new 2020 CR-V EX-L (currently on huge discount) lease 24mo/10K for $250 inclusive of tax (used the $2K I got to lower my monthly pmt)

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Great deals on 2020 CRVs right now and CarMax is overpaying for inventory.

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