Looking to get out of a lease? You’re not alone—buying out your car’s lease can be surprisingly unapproachable. Every car lease is different, but what they all have in common is their complexity. That’s why we talked to our Los Angeles team of lease specialists to put together an easy guide to figuring out if a buyout is right for you.
A simple question with a not-so-simple answer: What, exactly, is my car worth?
Though we drive everyday, most of us think about buying or selling cars far less frequently. Since the car market isn’t usually top of mind, it can be hard to think about value of your car. So in general, we reference one-size fits all car pricing guides like Kelley Blue Book to act as a stand-in for a more precise pricing picture. In a perfect world where every market, every car, and every buyer are all the same, they can be good price anchors. But one-size-fits-all car pricing guides tend not to capture every element that could affect a car’s true value.
So we put together three real-world considerations that can impact car value that every buyer and seller should have in mind the next time they’re in the market.
Want to sell your car? Selling a car yourself is not only a good way to beat the dealer’s offer, it’s actually easier than you think.
Shift specializes in selling your car for you, but for sellers looking to do it themselves, Craigslist is the most popular option. It attracts a large number of car shoppers and gives you the best shot of quickly selling your car. It isn’t always seamless, but if you follow these steps, you’ll avoid the typical Craigslist hassle and cash your check in no time.