My lease expires end of August. When I called to schedule the turn in appointment the dealer said they want to buy the lease. I’m not leasing another car right now. And I’ve made all the payments to Hyundai Motor Finance. I don’t have the $ to buy out the lease and resell the car myself. Is there any advantage to me working with the dealer to do this. I know they benefit because of the resale value. But how do I benefit?
Perhaps a phone call to the dealership in question coul get them to put their intentions in writing. You right to be suspicious of a US auto dealership. https://getjerry.com/car-loan/hyundai-lease-return#how-a-hyundai-lease-return-works
Dealing with a dealer's offer to buy out your lease can be a bit like discovering hidden treasure, even in an older thread. Firstly, it's all about convenience—you can sidestep the hassle of handling the buyout and resale process yourself. Plus, who doesn't appreciate a smoother, more straightforward experience?
The real gem here is that dealers might just surprise you with a competitive offer. Especially if your car has aged like fine wine and still holds its resale value well. That's some extra money in your pocket without the headache!
