RAV4EV

Hi,
I would like to sell MY leased 2015 GX 460 in California. Can some one point me out the process to sell a Leased vehicle in California.

Thanks
Ravi Menta

Dallasguy1

If I'm not mistaken you cannot sell a leased vehicle as the title will be with the leasing company. If your trying to transfer your lease there's a website I don't remember it exactly just google lease transfer and you'll find it.

NewB2Lexus

I found this on another CL forum:

https://www.clublexus.com/forums/car...xperience.html

You cannot sell a lease vehicle, you either need to purchase it first from Lexus and sell it or you need someone who takes over the lease.

coolsaber

You cannot sell a leased/rented vehicle since you technically dont own it. You can swap a lease with someone willing to takeover your lease (some throw in extra cash to get out of said lease, or outright purchase at (im only familiar with lease end purchase, you would need to call Lexus Financial to see if you can do an early buyout).

JohnJerk

I think the OP is trying to access equity in his GX at lease end. My last lease had around $4k in equity. I used that to do another lease. I think pricing has changed enough that there may be very little equity in a lease-end GX today.

Getting a private party to pay the lease buy out plus some extra can be done but it must be a challenge. Just be transparent from the get go.

Probably easier to trade it in (at any dealer) if trade in value is higher than lease buy out.

Take it to carmax and see where they value it. If that is above lease buy out then you have some equity to pursue. With recent sale prices way below MSRP, again, I am not sure you’ll find much equity if any.