While it may be easier for you to return your lease to the dealer and pay the fines that come with terminating a lease early, you can turn the story around if you’ve got some good miles on your Infiniti lease. You can sell your car and save thousands.
Thanks to the current high value of used cars, you can sell your Infinity lease today and save more. You can decide to sell your lease to dealerships like VIP Auto Lease or used car dealers like Carvana, CarMax, and Vroom. If you want to save more money, should you sell your Infiniti lease to VIP Auto or a third party?
Can I Sell My Infiniti Lease To A Third Party?
Under normal circumstances, you can sell your Infiniti lease to anyone you want. It could be a dealership like VIP Auto lease or a third-party—used car dealer including CarMax, Carvana, or Vroom. However, due to the high demand for used cars following the shortage of semi-conductor chips and supply disputes for new vehicles, there has been an overwhelming delay in supply for vehicles.
If your current Infiniti lease is through Infiniti Financial, Ally Bank, US Bank, Wells Fargo, and some other banks and credit unions, you definitely can’t sell your Infiniti lease to a third party. Over the past couple of years, many banks and auto financing arms have restricted their customers from selling their leased vehicles to a third party. So, if you got your vehicle through these banks and credit unions, the best option for you is to sell your lease to a dealership.
Your Infinity Equity
Selling your Infinity lease and saving more or even walking away with some cash in your pocket depends on your car’s equity.
To determine your Infiniti car’s equity, find out the residual value of your vehicle. This is the car’s estimated value at the end of the lease term. It is on the lease contract. Also, as you’d be exiting your lease early, find out the buyout price. Sometimes, the residual value may be used as the buyout value or a basis for determining the buyout value. You can contact your dealer to find out the buyout value of your Infiniti lease.
After determining the possible buyout value of your car, research your Infiniti’s current value. Sites like Kelley Blue Book and consumer reports can help. Now, you do the calculation. Compare the residual value or buyout price with the current market value of your Infiniti. If the current value is greater, then you should consider making the killing—sell your Infiniti lease to VIP Auto lease and walk away with more cash.
Why Selling To VIP Auto Lease Is Better Than Third Party
With the current restrictions in selling your Infiniti lease to third parties, including Carvana, CarMax, and Vroom, whether you want to get out of your lease and walk away or move to a new lease, only dealerships like VIP Auto lease can help you negotiate with your bank or credit unions.
Our lease sell process is smooth, quick, and efficient. We will quickly appraise your car value and offer you a payment on the spot. You’re also free to negotiate what you feel would be a fair bargain for you. In the end, we guarantee you that you’ll leave VIP Auto dealership with smiles.
Time to make some money selling your Infiniti lease? Contact VIP Auto, 1204 Hylan Blvd, Staten Island, NY 10305 https://viplease.com/.