Buying a car that is personal lease
I am new here so please go easy.
I looked up a used 2013 Honda Odyssey at a small dealer shop (not a honda dealer). The carfax of the car states that it was a personal lease. When i verified the title for the VIN and car plates with the carfax they matched. The dealer had blocked out the name of the owner from the title for confidentiality.
As per the dealer the couple is going thru a divorce and want to sell the car. I am fairly new to this and did not understand how do i buy a car that is personal lease ? i asked the dealer and he said that as a dealer his company paid of on the lease - is that possible ? i would think if that was done then would the title not have his name on it ? I am confused here. just want some clarity from you guys on this.
Please all help and advice is highly appreciated.