What can I expect at lease end?

[jeisensc]

@Iamslange

I’ve never bought out a lease only to sell the car because it had equity. What’s the easiest way to do that?

You said you are leasing a Toyota, you didn’t say which bank the lease is with, which matters.

There are dozens and dozens of threads filled with first-hand accounts, but it depends who has your lease and who you sell to.

Sold one to CARVANA!

We got the VROOM topic going (Sold one to VROOM! - #254 by SunshineOC) but thought I’d throw in how easy it was with Carvana too, and why it’s important to check both. Put the wife’s Lexus data through both Vroom and Carvana, vroom was $2k under the payoff, Carvana was $45 over it. Submitted the paperwork for Carvana, got on the phone with them to discuss lease transfer stuff with Lexus in the state of MO (easy peasy). Setup a time for pickup to be 10am on a saturday. 10:02 am knock on the doo…

Sold one to VROOM!

Not a lease deal, but I sold my prior lease to Vroom.com today. I rarely plug companies, but holy cow it was easy! I also got a quote from Carvana, which was more than $2K below my payoff – Vroom was $1,600 over my payoff. Huge swing in my favor. For reference, the car was a 2016 Acura MDX with the tech package, black/black with just under 20K miles. My sense is that pricing is heavily driven by direct demand for inventory for the company, so pricing will be relative to demand for the color, o…

Sold one to Shift.com

Not a lease deal, but I had to move my 2013 JX35 with 78k mi, loaded quick after the awesome lease deal BigL got me. I got buy offers from a bunch of places including Trucecar: 11,800 Dealer Tradein 13,500 Carvana 13,800 Shift.com 15,700 + 100 for having paperwork ready. The process was stupid simple. I cleaned and detailed the car, it looked nearly new. Made the appointment. The shift.com rep Ubered to my house. He looked over the car, and was impressed at how clean it was. He didnt even b…

Sold One to ALGo

We have a Vroom, Carvana, etc threads going so why not ALGo. In NJ and Eastern PA, there is a Carmax-esque dealership chain called AutoLenders. They’re no negotiation and used to specialize in off-lease luxury cars, but they’ve shifted more to mainstream brands over the past couple years. Recently, they launched ALGo which competes directly with Carvana and Vroom. I’d venture to guess they plan on doing nationwide online sales soon. You submit an appraisal online, schedule a FaceTime apprai…

And many, many more…