I am in Florida and currently own a 2020 Honda Civic that was originally a lease that I bought at lease end. I leased my Civic before Covid so my car now has about $7,000-$8,000 in equity. I want to lease a new Honda but I don’t want to put all of that equity into the new lease. I know there are tax benefits to trading in when purchasing a new car but what about when leasing? My thought would be to sell the car to Carmax/Carvana, invest the equity and just lease the new car fresh. Are there any other options/suggestions?
Welcome to LH
I would just separate those two transactions.
get the offers utilizing the below info.
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He stated he bought out the lease already, so no restrictions on where he can sell it.
OP, I would try to private sale your civic for the most $. If you don’t want to deal with that, check carvana, carmax, and GMTV from that link Zenek posted. Lease your new car fresh without any equity. In any case, seperate the transactions. Check Marketplace for replacement options in your budget
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Missed that part. 
Unless it’s an EV it’s not a great time to lease a new car. What cars were you thinking of?
seems like that March 31-April 1 line in the sand was drawn in sharpie and not chalk
This 20202020202020
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