Auto Lease Buyout

Look at pricing guides such as Edmunds.com or Kelley Blue Book to get the True Market Value of the vehicle. This value is slightly higher then the wholesale price and is determined according the market popularity of the vehicle.

Contact the leasing company and let them know that your lease is due soon. Ask them for the buyout number. Let them know you are interested in buying the vehicle and possibly financing it through them. Ask for the number of the person in charge of making this decision. Contact this person and make them an offer close to the Market Value of the vehicle.

If you're able to negotiate with the lease company and purchase the vehicle for a price that is close to the market value then you are in a good position to sell the vehicle with little or no out of pocket cost.

If the lease company is unwilling to negotiate you are likely to loose a fair amount of money trying to sell the vehicle and may want to consider other options.

Vehicles can depreciate up to 50% in their first two years. Japanese and European vehicles depreciate the slowest and therefore have the best resale value. These vehicle are typically in high demand in the used car market.you to know about leasing.

Visit auto lease guide to learn the insider secrets that car dealers don't want you to know about leasing.

A lease transfer has become a very popular form of early lease termination. It is less expensive and much simpler than an auto lease buyout.

Read your lease agreement or contact the lease company to be sure they allow lease transfers. You will need to pay a transfer fee.

In order to avoid paying any additional fees the mileage on the vehicle should be under the maximum mileage allowed per year according to the lease agreement. The vehicle should also be in good condition. Ensure you can provide a copy of all maintenance records.

For a small fee you can register the vehicle with Swapalease.com which will give the vehicle exposure to thousands of people with good credit who are looking for a lease transfer deal.