Should You Buy Out Your Car Lease and Sell the Car?
Be Wealthy & Smart
Linda P. Jones
4.8 ā¢ 883 Ratings
šļø 8 October 2021
ā±ļø 8 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
Learn if you should buy out your car lease and sell your car. Because of the car shortage, when the lease ends, you may be able to buy your car and turn around and sell it immediately for a profit.
The article is here.
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Transcript
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| 0:00.0 | Be wealthy and smart episode 941. |
| 0:02.8 | I'm gonna live no rich life. |
| 0:06.8 | Rich life. |
| 0:07.8 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | yeah I'm full of faith I'm |
| 0:18.0 | I'm gonna live a good life |
| 0:21.0 | a beautiful and glorious like Step into a world of wealth and financial freedom without budgets, boredom or bosses on be wealthy and |
| 0:30.3 | bosses on be wealthyy and Smart. |
| 0:33.9 | And now here's your host, Linda P. Jones. |
| 0:38.1 | Welcome to Be Wealthy and Smart. |
| 0:39.7 | I'm Linda P. Jones, America's Wealth Mentor, |
| 0:42.0 | Empowering women and men worldwide to |
| 0:43.9 | financial freedom. On today's show we're going to talk about should you buy out |
| 0:48.7 | your car lease and sell the car because that's exactly what is happening right now. People are able to |
| 0:55.5 | buy out their car lease and then turn right around and make money selling their |
| 1:01.0 | car for a higher price. That's because of all the craziness going on |
| 1:05.9 | with used cars right now and they're in such a shortage that prices are much |
| 1:11.2 | higher than car dealers expected when they negotiated the leases three years ago. |
| 1:16.5 | So this article comes to us from NBC News and it says, |
| 1:21.3 | ready to turn in your lease record used car prices could mean a |
| 1:25.4 | financial bonanza and the subheading says savvy customers are buying out their |
| 1:30.8 | leases immediately reselling the vehicles, and pocketing the difference. |
... |
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