VW Tiguan Lease Credit - Buyout vs Trade-In

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Hello-

My current lease is ending September 2022 and in doing a little bit of research, I’ve found that with the current market, I’ve got quite a bit of lease credit. My question is, what would be the better move right now: Trade-in and lease something new, buy out and keep the car, or buy out + sell the car and use some of the money as a down payment on a new car (keeping the rest as profit)?

I currently have a 2019 Tiguan 2.0T SE w/4Motion with panoramic sunroof and 24k miles (12k under budget). Pure white with golden oak and black leather interior.

The buyout price is $15,997 and the Kelly Blue Book Cash Offer is $25,100 (which has been approved by a local dealer). Also per KBB, trade-in value is $26,617 - $28,878 and private party value is $28,844 - $31,311.

In searching local inventory, my car would sell for the same as what I originally bought it for (roughly $29k-30k), and 2022 Tiguans are going for around $33k. What are the tax implications of buying and selling? Would it be worth selling and leasing a 2022 Tiguan in this market?

Thanks!

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These are the last of the Diselgate apologies with factory 7yr/72k warranty.

If a VW buys this from you, nothing. If you purchase to resell to a third party, you owe sales tax.

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What would be the line of reasoning supporting this? I don’t think the 2022 Tiguan is any better than what you current have. If you like your current car and if it’s been relatively reliable, I’d prob just buy it out.

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Bought out my wife’s 2019 Tiguan S. Would have had $9k+ in equity minus sales tax, but we rather liked it and everything new is expensive. Was considering getting into a new refreshed 2022 S and could have for a $3k delta, but the Carvana offer kept fluctuating and decided not worth the headache in the end.

Only have about 14.5k miles so should still have plenty of life left.

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