I'm buying my lease out in February, I have a f150 powerboast

Asked by Don Sep 22, 2023 at 03:37 PM

Question type: Car Selling & Trading In

My lease is up in June , I will be ordering a
new Powerboast, in Feb should I sell Truck
in Feb or wait until Lease end

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james answered 7 months ago

When you lease a vehicle you don't own it. You're renting it so therefore you can't sell it because it's not yours to sell. If that's your plan you have to wait until the lease is done and you buy the vehicle. But, if you do that, you're not going to make any money. Jim

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Ed92626 answered 7 months ago

A car lease is a rental agreement. If you turn back the truck before lease end, you'll pay a penalty. Besides, if you alienate the car in February, what will you drive until June? And what exactly is a "powerboast"?

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