Can I sell a car i'm leasing?

Can I sell a car I'm leasing?

Leasing a car is similar to a long-term rental. You'll generally have to make an upfront payment, plus monthly payments, and get to use a car for a number of years. The majority of finance companies for contract hire customers do not allow you to buy the car at the end of the lease, you simply return the vehicle or in some instances the finance company may allow you to extend your lease. For this reason you generally cannot sell a car you are leasing. For the few finance companies that do allow you to purchase the vehicle you would normally get a purchase price towards the end of your lease. If you wanted a purchase price while you are still in contract then you would typically have to get an early termination price for your current contract before any purchase price is forthcoming.

Can I sell my leased car to a dealership? Yes, if your finance company does allow you to purchase your leased vehicle.

How to sell a leased car privately? If you are allowed to buy your leased car and are looking to sell it on , Central has partnered with 'Motorway' allowing you to sell your car online fast and hassel-free.

You may be looking to sell your current lease car to upgrade to a better or different vehicle, then look no further, check out our 'Special Offers'.

Can you trade in a leased car?

A lease trade in is different than trading a purchased vehicle. If you're trading in a leased car to a dealership and/or terminating the contract early, there are a number of penalties and fees that must be paid to the leasing company, and the contract still must be dealt with. When you are leasing directly from a finance company which all of our contract hire customers do then you don't actually have the option to trade it in for a better model. You would need to get an early termination price, pay that off and then go into any other lease.

Can I trade in my lease early / can I trade in a leased car / does my leased car have trade in value? On a contract hire you do not have the option to trade in your vehicle, you need to wait for your contract to end, then return your vehicle before looking for a new lease, alternatively if you are still in contract you would need to get an early termination price (typically anywhere between 50% to 100% of the remaining rentals), pay that off and then go into any other lease.

Who can I sell my leased car to?

As a customer if you do have the option to buy your lease at the end of contract from your finance company you may have the following questions:

Can I sell my leased car to a dealer? Yes, after you have purchased the vehicle directly from your finance company you can sell it onto a dealer.

Can I sell my leased car to a friend? Yes, after you have purchased the vehicle directly from your finance company you can sell it onto a friend.

Can I sell my leased car to a third party? Yes, after you have purchased the vehicle directly from your finance company you can sell it onto a third party.

Can I sell my leased car to a private party? Yes, after you have purchased the vehicle directly from your finance company you can sell it onto a a private party.

Can I sell my leased car to another dealer? Yes, after you have purchased the vehicle directly from your finance company you can sell it onto another dealer.