Selling lease to Carvana - Hold or Sell

Ask the Hackrs
1

Hi Hackrs,

We just got my wife a Lexus to replace her leased Kia Sportage. The Kia lease will end in July and the Lexus dealer agreed to pay the remaining 4 lease payments ~$1000. There are still 10k miles left on the lease, original term was 36/10k.
Now, I went to return the Kia to the dealer but they are charging me a disposition fee ($400) even after knowing there are 10k miles left on the lease. So I decided to sell to Carvana and got an offer of $17,079. Carvana reached out to Kia and got a payoff for $17,199. Carvana has asked for $120 cashier’s check to move forward.
Here are the questions I have -

  1. Should I wait for the Lexus dealer to payoff remaining payments so Carvana gets an even lower payoff? The only thing I am afraid of is that I wont get this good of an offer.
  2. Should I just move forward with selling to Carvana and will get money back from Kia once the Lexus dealer sends the remaining payments?

Thanks for your help.

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2 posts were merged into an existing topic: Sold one to CARVANA!