Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options

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?
Tagged:

Answers

  • Options
    kyfdxkyfdx Moderator Posts: 237,153
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.

Helpful Tools

Most popular vehicles