LPT You can sell a leased vehicle instead of turning it in or financing. I’m not really sure how to explain this so I’ll provide my experience. I leased a 2018 Accord at ~$27k out the door with a ~$16k residual 36mo/36k miles. I drove it for about 2 and a half years and noticed that the car was actually still worth about $25k in mid-2020 (thanks COVID). My 10 day payoff quote was around $17k at this point. I had it …

Should I buy out my leased car? I’m 24 and the lease on my first car is ending next June. It’s a 2021 Toyota Corolla, I’ve put 20,000 miles on it so far, and it would cost $12,500 to buy out. Tbh, it does have a few minor scratches on it from going too far over parking lot cement blocks a few times and one small scratch from someone opening their car door into it. But it runs…

Damage on leased car. I leased a car and the front, right bumper got damaged. I’m looking to hopefully turn the car in soon because the gave me really high payments. Should I fix it up first or just take it back with the damage? Nothing was reported to insurance. submitted by /u/Both_Recognition_373