Vroom stops all lease buyouts!

[Bostoncarconcierge]

Yeeeep!

Leasing with the sole intention to sell for positive equity

I think one needs to be in a certain mindset when approaching lease “flips.” Your mindset must be, “if I get stuck with this car, I’m happy to drive it at this payment for the remaining term.” And, as others have mentioned here, it’s really only something that can be done in this current market, if using the sell to 3rd party option as the key strategy. With this, 3rd party sales are becoming more difficult as well since the banks are shutting this down because they want their cars back. As l…