Latest Industry News
March 21, 2022
Posted by Chloe Taylor

Trade-In Your Volvo With VIP Auto Dealership Over Carvana Or CarMax & Save Thousands

When you want to terminate your Volvo lease early, there are many options for you to follow. Its much easy for you to return your Volvo lease to a dealership and pay the fees for returning your lease early. But you wouldn’t want to go through that route.

If you want to save or make more money from your lease, selling your Volvo lease to a dealership like VIP Auto lease or used car dealers like Carvana, CarMax or Vroom offers the best chances. However, will selling your Volvo lease to a dealership make you more money than selling to Carvana or CarMax?

Can I sell My Volvo Lease?

Yes, you can sell your Volvo lease. Contrary to what you might have heard, you can save money and even cash in on some profit when you sell your lease. Car leasing allows the lessee to return the car or purchase it in a buyout either at the end of the lease contract or before then.

When you want to sell your leased car, you can either sell it to a dealership or a third-party—used car dealer like Carvana, CarMax, and Vroom. Due to the high demand for used cars following the shortage in used car inventory across many dealers in the US, whether you’re at the end of your Volvo lease or not, you can sell your Volvo lease to dealerships like VIP Auto lease, save yourself from the expenses of returning a lease early. Also, you could end up making a profit.

Volvo Financial Policy

Ordinarily, you can choose to sell your Volvo lease to a dealership or a third party. The steps are quite simple. Just find out if your Volvo has good equity. The car equity is the difference between the buyout price (mostly determined from its residual value) and the current value. If it’s positive equity, you turn your car to a dealership or used car dealer and walk away with more money.

But things have slightly changed. Many banks and credit unions no longer allow third-party buyouts of leased vehicles. Following a low inventory of used cars, different banks and auto financial arms, including Volvo Financial, changed their policy on third-party lease buyout. Even after getting your vehicle appraised to obtain an independent quote, you still have to turn it over to dealerships like VIP Auto lease to sell your leased Volvo.

Sell With VIP Auto Lease Over Carvana

Selling your leased Volvo can be profitable, especially with the current growing demand for used vehicles with low miles and less wear and tear. However, if you want to negotiate a loan on your leased Volvo vehicle or get a new auto loan to get into a new lease, you should consider selling your Volvo to VIP Auto lease.

At VIP Auto Lease, we will quickly appraise your call and instantly give you a fair price. If you feel you need more for your Volvo lease, you’re always free to bargain, but rest assured of getting an excellent price when you sell your lease to us. Our process is transparent, and our payment is fast, guaranteeing that you’d get out of your lease the same day.

Want to print money selling your Volvo lease? Reach out to VIP Auto, 1204 Hylan Blvd, Staten Island, NY 10305

VIP Auto Lease
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VIP Auto Lease is a full service car leasing company that puts the power of buying a new car in the customer’s hands. Since opening our doors in 2007, we’ve made sure that our promise stays true: no pushy salespeople, no haggling, and a guarantee that to our dear customers that we will provide the lowest possible price with industry class service. We offer nationwide delivery and 100% virtual or in-person ordering (your choice). We are frequented by residents of the greater Tri-State (NY, NJ & CT) area as well as Nassau & Suffolk county Long Island. We service all of New York City including Brooklyn, Queens, Bronx, Manhattan & Staten Island, NY. So Wherever and whoever you are, feel free to take advantage of our guaranteed best prices on ANY make & model now.

Review From Ashley Smith: This was my first experience using a leasing company. In the past, I leased my cars directly through the dealership and always felt that I didn’t receive a fair price. I had such a pleasant experience with VIP Auto Lease from the first time I called to when my car was delivered. Michael Jeffries was a pleasure to work with. He was very responsive and able to get me a great deal. He made the leasing process smooth and easy. I was so impressed there were no hidden fees and that the car was delivered right to my house! I will definitely use VIP Auto Lease again in the future! Thank you again!

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1204 Hylan Blvd,
Staten Island, NY 10305
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