[hl0m4n]

do dealership take leased cars as trade ins? i know swapalease, etc is the best way to go but here is my situation.

1. bmw 328i: my father is going away to korea for year+ so no reason to keeping his leased car. so we just want to get rid of it. bmw charges $500 lease transfer fee and im no way liable for it anymore. based on the specs, milage, etc on the car im looking at at least a 2k incentive for someone to be interested on it.

2. acura rdx: mom's current car. she had another car for commuting for work, 02 corolla, which broke down at approx 130k miles. this car we do not want to put on swapalease or sell privately b/c of acura financial's gay policy. there is no charge but the downside is my mom's name will still be on the contract so if the new guy misses a payment, etc my mom will still be liable and credit score, etc.

we want to finance x2 jetta se both on the same day , one for mom and one for my bros first car in about 4 months. but before we can get the jettas for my mom's new commuter and bros first car, we have to sell the 2 leases posted above.

so what is the best way of handling this? do dealerships take leased cars as trade ins? carmax?

[Artmasterx]

From Carmax FAQs:

11. Can I trade in my leased car?

In most cases, you can trade in your leased vehicle in almost the same way as any other financed vehicle. We'll appraise the car or truck, then contact the leasing company for a payoff quote and process any equity you might have. Please note that some leasing companies will not allow you to sell the vehicle prior to the expiration of the lease. Also, be aware that your leased vehicle might not be eligible for the trade-in tax savings described above.

[inmotion]

Yes you can trade for a leased vehicle, but expect to be hosed by the dealership.

[Brandon26pdx]

The Acura you're stuck with I think...you would never want to put yourself in a position to be penalized by someone else not making the payment.

The BMW might be your only real option for killing one of them. If you just tried to trade it in at a non-BMW dealer, BMWFS will probably try to hose you down for early termination fees though, which could be nasty. Transfering it via Swapalease or Leasetrader is probably your best option.

[idyll]

Yeah swapalease would be best. I put my car up there and got a buyer within days.

I tried to have a dealer take my leased BMW, but I would have been screwed over by them big time. If you'd have to put down a $2k incentive for swapalease, the dealer would likely screw you out of even more..

[335ifanatic]

Yup, finding someone to take over your lease is your best route.