Quote:
Originally Posted by quakerroatmeal
Is it even possible to make out with profit/cash on a lease? Even if the car is worth more during turn in time? Isn't it basically a rental unless you purchase it out right at the end of lease?
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Yes it is possible. I foolishly sold my AMG leased SUV to Vroom last summer with 8 months left on a 36 month lease. Vroom's offer covered the payoff + pocketed me $2k. At the time we were a few months into Rona and I was barely using it but now want to purchase the same vehicle used and it's easily $8k-$10k higher (retail) vs what I got from Vroom.