Hey Question...
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Lexus Champion
Joined: Apr 2007
Posts: 2,248
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From: Highway Pull Councelor
Hey Question...
Hi precious Lexus members.. 
As some of you may know, I have an '06 Acura TL 6MT that has 5200 miles and is on a 2 yr lease. I have about 1 yr left.
I wanna Lexus IS350.
I've been thinking about it a lot. I can't wait for my lease to be over.
Is it allowed to have a leased car to trade-in for a new car, Lexus? The Kelley Blue Book Trade-In(dealer) value on my car is higher than what I owe. Plus I got $5k in my pocket.
I WANNA I WANNA
Does anyone know this can be done? I never traded-in a lease car for a new car before. Help?
Edit: Hey Mods, if this isn't the right section to post this thread please feel free to move. I wasn't sure where to post it...
As some of you may know, I have an '06 Acura TL 6MT that has 5200 miles and is on a 2 yr lease. I have about 1 yr left.
I wanna Lexus IS350.
I've been thinking about it a lot. I can't wait for my lease to be over.Is it allowed to have a leased car to trade-in for a new car, Lexus? The Kelley Blue Book Trade-In(dealer) value on my car is higher than what I owe. Plus I got $5k in my pocket.
I WANNA I WANNA
Does anyone know this can be done? I never traded-in a lease car for a new car before. Help?
Edit: Hey Mods, if this isn't the right section to post this thread please feel free to move. I wasn't sure where to post it...
Last edited by meowCat; Jul 24, 2007 at 08:34 PM.
I don't think you can trade in a leased car.
The car is not yours, therefore you have no right to sell it.
There are ways to get out of your lease contract. The contract is what you need to deal with, not the car itself...
The car is not yours, therefore you have no right to sell it.
There are ways to get out of your lease contract. The contract is what you need to deal with, not the car itself...
Thread Starter
Lexus Champion
Joined: Apr 2007
Posts: 2,248
Likes: 0
From: Highway Pull Councelor
Are ya for real. Oh man... I don't feel like waiting another year... 
I think there was something about breaking a lease. I pay some penalty for it. I don't remember what it was. Argg....
Or I'll just keep saving money and let the lease complete. One way or the other I'm getting the Lexus..... Bye Bye Acura....
Not now, but will be!
I think there was something about breaking a lease. I pay some penalty for it. I don't remember what it was. Argg....
Or I'll just keep saving money and let the lease complete. One way or the other I'm getting the Lexus..... Bye Bye Acura....
Not now, but will be!
Last edited by meowCat; Jul 24, 2007 at 07:37 PM.
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