MarinexViper
Member
- First Name
- Tony
- Joined
- Jan 7, 2018
- Threads
- 0
- Messages
- 6
- Reaction score
- 3
- Location
- Fairfax, VA
- Website
- www.farrishcars.com
- Vehicle(s)
- 2018 Jeep Wrangler JL Unlimited
- Occupation
- Senior Sales Manager
Most leases have a preset dealer buyout or consumer buyout as well. If the consumer buyout is less there are ways to work it out depending on the brand. Definitely from jeep to jeep.Here is the next problem. You can not trade a lease, as you do not own the car. The dealer has to purchase the car from the lease company. The residual is only available to the person on the contract. If the dealer wishes to purchase the finance company can tell the dealer what price they can buy for. The lease company owns the car. If a residual is lower than ACV the finance company knows with auction reports and will sell it higher than the contract residual. The only way it can work is the person leasing has to buy the car at the contract residual, flip title in their name and trade in.
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