Can I sell my leased car to the dealer and lease a new car instead of turning it in?

I was actually over mileage on a lease and decided to do a third-party sale with my leased vehicle. After paying the new property taxes to buy the car, it might have been cheaper to actually turn it in and pay the excess mileage fees or sell it directly to the dealer. Dealers do not use NADA or Blue Book and use something called a "black book" published weekly by auction companies to determine the value of the car, which is probably lower than what you would expect.

Depending on the popularity of the car they will also deduct from anything that they can justify. If you have 4 months left on your lease, the dealer would have to factor in the additional payments left on the car and add that to the new purchase price. I would definitely wait until probably the last month of your lease and take your care to multiple dealers and try to get the best payment terms on your new lease.

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