Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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Residual Valie and turn in
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Michaell
Moderator Posts: 262,224
Short answer - not very easy.Bethgarf said:I'm really interested in a 2020 explorer xls 12k annually 15227
My current lease isn't up until March 2021. How early can I turn my vehicle in?
You'll likely be upside down in your current lease - either you come up with the difference, out of pocket, or roll the negative equity into the new lease, which means you are now paying for a car that you aren't driving.
Best advise? Wait until the current lease is up, then go shopping. It's not like the Explorer is an endangered species.Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige5