Close, but not buying the vehicle. Selling to a car buying service. They’ll send their check to the lease lender. Lease lender processes for the payoff amount and any additional equity comes to me.Question on that approach.
So you make all 36 payments then at the end you buy the vehicle at it's residual value as noted in the lease agreement? And after buying it you immediately sell it and are able to make profit? Or are you buying it less than the residual amount? If so how are you able to do that? Since it's already spelled out in the contract I don't see how or why the dealer would negotiate that.