Yes. If it is paid for, it will have a value, though a car lot will probably only give you a percentage. But, leases usually require some cash down, so yes, you can.
Sure, you can trade it in, but you will have to make up the difference in $$ between the selling price and what is still owed on the original lease.
you defaulted, a contract is a contract and you have lost your trade in
There should be no balance in trading each car. No one will accept the kind of deal.
If one is looking to get out of their car lease, they may trade it back to the dealer for another car. There are websites such as Swap A Lease or Lease Trader that may find someone interested in taking it over. It is possible to post on eBay Motors.
A car lease is an individuals person lease for their car. A commercial car lease is the lease for a commercial vehicle which are used for businesses.
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Yes, you can. When you lease a car you have the option of purchasing the vehicle at any time. When you go in to make a trade, the dealership will have to call the leasing company and get your payoff. Basically the dealership will pay the remaining balance of the lease and purchase the vehicle from the leasing company. It really depends on your situation, in a perfect world, the vehicle buyout would be the same as its trade in value but that is ususally not the case. If you have a closed end lease, you would be better off if you waited the lease out before purchasing a new vehicle. You may be fortunate enough to have vehicle that is worth more than the lease buy out amount. These days, there are a number of services which match people who are looking to lease cars with those who are looking to get out of a lease.
can a name be added to a car lease
One can compare car lease quotes at the website Lease Compare. Leases can also be compared at Car Lease Deals, Cars Below Invoice, Top Car Lease Deals and M oney Supermarket.
While it is possible for a person to lease a car with bad credit, one must be aware of the trade offs. In general, one can expect higher interest rates, but improving credit scores can fix this.
When a lease car is totaled, the car company will require the car lessee to pay the lease balance to get out of the contract. This is applicable for a wrecked car and non-reparable vehicle.
Lease Busters helps to find someone to take over the lease of your car or for you to find a car to lease without hassle, you can take over someone else's lease. Lease Busters has a thorough Process Checklist and Offer-To-Lease form to help you in your decision for your car.