A simple Answer TO yOUr Question
What happens to my remaining lease payments if I trade in?
When you trade in a leased car, the dealer handles the payoff with your leasing company. If the vehicle's trade-in value exceeds the payoff amount, the difference (equity) is applied to your new purchase. If the payoff exceeds the trade-in value (negative equity), the difference is typically rolled into your new loan or lease payment.
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The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
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