Hey everyone, So in May i got a new job that required extensive travel within a area and wanted to get a second car aside from my current IS so I decided a CT is perfect and I went ahead and leased it for 36/mo 20k/yr. Well this week I got a amazing chance to own the house I have been renting however the mortgage company is looking for my debt/income ratio to be lower so I want/need to get rid of the CT I still have 33/mo left on. The car is a 13' CT w/13k miles 7 nav, I know the car has a good private resale, I trying to avoid that and make this quick I am afraid what the dealer is going to come back with I am still awaiting there callback on this. I have seen the swapalease programs and it is outside my time frame or patience. Kinda just feel stuck and am banging my head against the wall for buying a second car but who knew.. /sigh... Thanks

 

I had a co-worker that always leases cars, she could never find the right car for her. So she kept leasing and selling it to Carmax when she didn't like that particular car anymore.
It might be worth a shot? Personally, I've sold a few cars to carmax. 04 G35 Coupe, had 1 year left on the finance. Got decent money in return, maybe cause I was almost done paying it off. I tried to sell my 100K mile LS430 to them, but I got low balled... then I sold my wifes 06 Odyssey that was under finance with 2 years to go, paid a couple hundred to have them buy it from me. Then I owned a 2011 XRunner for about a year. didn't like the truck, so I sold it to carmax, I ended having to pay about 350$ on top of what carmax offered.
Since your lease is very new... you might have to pay a lot more than a couple hundred... just a thought from my own experiences. Good luck on purchasing the home!

 

post on Craigslist about someone taking over the lease, someone will jump on it.

 

But that's a strange lease though.. 20k miles per year. Most people drive that much don't lease a car. A 20k miles/yr lease will have higher payment. I am not sure there will be a lot of people jumping on it. It is also a 2013 CT which is close to 4 years old and still have a 33 months lease on it. I think OP will just have to sell it instead of trying to find someone to take over the lease.

 

Well I just heard back from the dealer and its a huge Ouch.... they want $8000 to take the car back early, I could sell it privately and get prob within 3-4k of a loss instead however it would be a matter of time for the dMV to move title to my name so I can sell it. It was such a huge mistake... but a home is a worthy investment to lose almost 10k over.. /sigh, Where is the Logic in dealers anymore they will easily only lose a couple G for this but I lose 4x that amount..