Lease ending...equity?

tim1422tim1422 Member Posts: 3
edited November 2020 in Volvo
I am now leasing a 2018 Acura RDX w lease expiration in Feb 2021. Can I use this leased car as equity for down pay on new lease w different dealer (Volvo) or will I need to return to Acura?
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  • kyfdxkyfdx Moderator Posts: 268,308
    tim1422 said:

    I am now leasing a 2018 Acura RDX w lease expiration in Feb 2021. Can I use this leased car as equity for down pay on new lease w different dealer (Volvo) or will I need to return to Acura?

    If the different dealer is taking your car in trade, and the value is more than the payoff, then you can certainly trade it anywhere.

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