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Old 11 Nov 2011, 06:01 pm
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Default How can I sell my leased 2009 Honda accord lx?

The payoff is 15,500. And with the mileage around 12k they retail for $18,000 and up. so rather than just return in in may '12, I can make a quick 3 grand. Is this worth it?















LT: the payoff amount is the price it can buy it at anytime
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Old 11 Nov 2011, 06:17 pm
LT LT is offline
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How are you going to sell something you don't own. A leased car is just that, leased, you in on way own it and cannot sel it.































Interesting comments here... all not true or were not when I leased so I guess the rules can change if you want to change them... but guess who will be the say so in the end.. won't be me or the know it alls.
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Old 11 Nov 2011, 06:31 pm
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If you like the car, it's not worth it.















If you don't, it is.















Leases are a horrible idea.















The most important thing about owning a car is not having a car payment.















Leasing is the opposite of this.















YOu don't own the car, but if the buy-out is 15,500, and you get 18,000 for it, then when you pay the 15500 you own the car to sell it for the 18000...















Is there a car for $18,000 you'd rather have? If so, go for it. If not, just keep what you have.
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Old 11 Nov 2011, 06:46 pm
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I think you should wait the time that it will be your own before selling it.































bluewaylimo.com
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Old 11 Nov 2011, 07:01 pm
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Don't listen to LT...I don't know how someone can be a "top contributor" and answer incorrectly.































You've already called and got your payoff, that's the first step. Put an ad in the paper, sell the car, pay off Honda Financial, get the title, give it to the person who bought it. Easy as that.































The pain in the a$$ will be that you will not have the title when you sell the car. If the person trusts you enough, then you'll have the title in about a month...THEN you can give it to them.































It's not an easy process with a lien on the car, but it can be done (I've done it a dozen times).
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